Get in at mcap <$50m and get out when mcap reaches $100-150m unless fundamentals support valuation at the time. Like early days CAT trading at 50c and hot money started pouring in above $2 after it received wider coverage. Hit a high of $4.29 and then downward spiral ever since because despite higher revenues, it started doing acquisitions and market was expecting improving profitability. So when a tech stock is under $35m, no one expects profitability but growing revenues , which better explains why an entry point like now is minimal risk (other than liquidity risk if you cannot afford to commit to the stock for at least a few months). In six months, CAT price went from 50+c to $1.60 on the back of new signings and growing revenues. I see a similar thing happening for BTH if they continue with the success they have been achieving with the US major companies.
FZO (Family Zone) is hot but its mcap is already $85m and hasn't got even anywhere close to the revenues BTH already has in its books ; besides FZO revenue model is not transparent (we talk about transparency here), we know that each user subscription BTH charges about $35/mth and in US you can have many organisations with over 20K users , that is equivalent to $8-9million per deal!
GLTAH and DYOR
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $147.9M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 18.0¢ | $464.8K | 2.479M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 607653 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 227465 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 607653 | 0.180 |
5 | 75961 | 0.175 |
21 | 610099 | 0.170 |
8 | 297604 | 0.165 |
13 | 471931 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 227465 | 6 |
0.190 | 820325 | 18 |
0.195 | 707440 | 10 |
0.200 | 588499 | 16 |
0.205 | 547000 | 5 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
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