Of course you can compare. Some points made that price will rise when revenue is made and I am simply pointing out this is not how the market works. How many miners have stuff in the ground?!? Its take hundred of millions, if not billions of dollars and more than a few years to get it out. But price is based on perceived future value.
RAP own IP on a system that may or may not work(which no doubt there are hundreds of other companies looking to do similiar) and we own IP on a system as well. Difference is our in now in action and making revenue. RAP still has clinical trials to go through, regulatory approval, then distribution etc, not saying it is a bad investment, just saying that the market prices in expectation, so you cant wait until it is proven. Sometimes expectations fail as well (ie TON)!
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Of course you can compare. Some points made that price will rise...
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Last
5.6¢ |
Change
-0.006(9.68%) |
Mkt cap ! $48.51M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.5¢ | $305.9K | 5.294M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 52735 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 168289 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36860 | 0.056 |
5 | 398980 | 0.055 |
4 | 175001 | 0.054 |
2 | 76603 | 0.053 |
6 | 298590 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 168289 | 2 |
0.058 | 100000 | 1 |
0.059 | 439877 | 3 |
0.060 | 766683 | 3 |
0.061 | 870041 | 3 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
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