I remember when this was being heavily promoted on Twitter in 2021 as the next 20-50x opportunity, market cap of $1B within a year, etc.
Fast forward to 2024 and they're announcing cash receipts of over $500K as "material" and therefore price sensitive. Market cap: $33M.
A few lessons to be learned.
Ann: Defence Contract - $4.2m Cash Received, page-17
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 (20min delay)
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Last
2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $24.78M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $2.393K | 119.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 468093 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 101503 | 2 |
View Market Depth
| Last trade - 13.17pm 29/07/2024 (20 minute delay) ? |
| VR1 (ASX) Chart |