Welcome aboard dnc187. This week is looking more like a classic every day. CM8 has clearly become a darling of the spruikers, including Wise Owl, and small buyers are just chasing the cash and the "popularity" that it has now been "discovered".
It also confirms that most punters have absolutely no idea what this company is all about, thus, the virtual no response to a further addition to CM8's revenue base and wider exposure (priceless for this type of business).
More than a hundred trades with an average of around $3,000. says it all. The serious people in this company and the "potentially" serious buyers want to see NUMBERS. Otherwise, investing on the skill, expertise and know how of those running the show. Bet the vast majority of holders wouldn't know where to start if someone asked them to explain the business at a backyard BBQ.
But, nothing wrong with that as long as they trust the management team and understand basic economics.
Wait until the real game starts, it is August isn't it!!!!
Ann: CM8 Licensing Agreement with Adsmetric, page-18
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.90M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $3.822K | 294K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4378333 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2663574 | 8 |
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| Last trade - 14.13pm 12/07/2024 (20 minute delay) ? |
| UNT (ASX) Chart |