yes of course you are right about this low mkt cap not demanding much more sales than we've seen, hence it finding support at 23c. I suppose I had pencilled in about $100m in sales in 2024, as the J curve effect cut in, so building for stock in anticipation is the sort of entrepreneurial approach I would take if I was highly confident of the product suite and follow through sales. I don't have that insight, so must trust management. A complete hiatus in individual orders over $10m being announced is not inconsistent with this projection, but is testing the nerves.
yes of course you are right about this low mkt cap not demanding...
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Last
$1.35 |
Change
0.015(1.13%) |
Mkt cap ! $1.172B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.45 | $1.35 | $20.91M | 14.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 239317 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 57407 | 3 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |