I think everyone is looking at MWR like its a $50mill company or something.. Take a second to realise and considering it has net $6.5mil liquid cash and trade and a market cap of only $10 mill! Undervalued is an understatement even in today's environment. They are even EBITA positive while spending bank on expansion. The fact they have a retail presence in prestigious retail outlets like JB's, Officeworks, Goodguys and landing MNO's says something about their product and it a product developed over 3 years ago and they are about to bring a whole new product out and an updated version of Spacetalk all in the next 6 months.
Im sure we will get an update on the company early next week as it is just a matter of time, but any good investor knows MWR is undervalued and the CEO's sale of shares is untimely but honestly, him taking a margin loan to buy shares shows how keen and how much belief he has in the company and it took a pandemic to crush him and make him sell..
Bought more today at 7 and 6.9c. Ill keep loading so if you want to sell then do but we are going a minimum 100% from here in the next 8 weeks and there's nothing like buying at asset backing.
Call me out if im wrong.. GLTA
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1.7¢ |
Change
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Mkt cap ! $8.007M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $490 | 27.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 277777 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 104001 | 3 |
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No. | Vol. | Price($) |
---|---|---|
1 | 277777 | 0.018 |
2 | 635706 | 0.017 |
3 | 586196 | 0.016 |
4 | 461774 | 0.015 |
3 | 335780 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 94000 | 2 |
0.020 | 98267 | 2 |
0.021 | 213507 | 2 |
0.022 | 332871 | 2 |
0.023 | 550000 | 2 |
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