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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Mkt cap ! $22.53M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $3.099K | 160.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 342773 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 495666 | 6 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.9¢ | 2.0¢ | 1.9¢ | 100515 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| VR1 (ASX) Chart |