Hi Rocky,
In my opinion although I have no doubt they will look to ramp up production as soon as possible (that only makes sense), it may take them around that long to improve their efficiency and streamline enough processes to reach their higher/maximum output levels. I'm more than happy to be proven wrong, but they still have a way to go before maximising that output, and as a part of my longer term hold share trading strategy I want to leave a buffer for things going wrong or being delayed.
I also think the current SP will look like a steal in the shorter term (or else I wouldn't have bought in), but I was making the point that hopefully once the plant is at full efficiency the shareprice as it stands now will be a fair bit lower than what it will be at that point.
I'm looking at around that 3-4 year mark as a hold so daily fluctuations don't affect me too much, though I'm only human - no one likes to see the SP going down!
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Hi Rocky, In my opinion although I have no doubt they will look...
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4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.431M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 77626 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 49936 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 77626 | 0.041 |
2 | 351529 | 0.040 |
1 | 16666 | 0.030 |
1 | 100000 | 0.025 |
1 | 39888 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 49936 | 2 |
0.045 | 66666 | 1 |
0.047 | 57943 | 1 |
0.049 | 18662 | 1 |
0.054 | 130000 | 1 |
Last trade - 12.10pm 26/07/2024 (20 minute delay) ? |
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