SPA 9.09% 2.4¢ spacetalk ltd

I get the feeling something is happening here. Either someone is...

  1. 168 Posts.
    lightbulb Created with Sketch. 109
    I get the feeling something is happening here. Either someone is building a position (and possibly knows something) or the price is being supported for other reasons (e.g., capital raise).

    It will be a big test for Spacetalk if we go on another run (e.g., up 50%+ again). If management is sincere about the transition to positive cash flow, they'll just carry on with the work and the market will ultimately reward the stock. If they've simply been crafting a narrative, we'll see a capital raise and a complete disintegration of trust.

    This could easily triple in short time if investors see it as self-sustaining.

    Time will tell!
 
watchlist Created with Sketch. Add SPA (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.002(9.09%)
Mkt cap ! $11.39M
Open High Low Value Volume
2.3¢ 2.5¢ 2.3¢ $26.46K 1.126M

Buyers (Bids)

No. Vol. Price($)
1 1387829 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 50000 1
View Market Depth
Last trade - 13.56pm 09/08/2024 (20 minute delay) ?
SPA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.