@Wedgeman7, I actually don't see it taking that long to be above 50c. From my experience, I have seen funds pile into these stocks and get the stock to an over valuation, once there is some FOMO created. It happened in WBT and Brain chip and Acher....and its now occurring in Clearview.
As the market cap rises, it pushes the company into the asx tech index, then the asx 300 and then the asx 200. This results in index funds needing to buy. My guess its not far away from a major break up. This DoD work is happening fast and the contract revenues from those contracts could be enormous. Having an off the shelf product to sell the defense departments of the allies would be enough to create Fomo.
Ann: BLG completes GaNWorks acquisition - commences operations, page-19
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $69.43M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.6¢ | $72.64K | 1.966M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2039774 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 219322 | 3 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
3.7¢ |
Change
0.001 ( 2.78 %) |
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| Open | High | Low | Volume | ||
| 3.6¢ | 3.8¢ | 3.6¢ | 687105 | ||
| Last updated 15.48pm 10/05/2024 ? | |||||
| BLG (ASX) Chart |