I bought in today at 8.7, and I can easily see this multi-bagging. Any research into who the managiing directors are and the links that they have, and how powerful this corona virus sector is currently is mindblowing. I missed out ZNO, HCT, UCM and made some on BIT, but I will certainly not be missing out this one with a real, genuine product that is in urgent need with management having great links to the Chinese market.
I think it will be a case of “give us all you have, price isn’t an issue.” When you compare the peers, ZNO, HCT and UCM have all signed agreements within the space of a few weeks to increase their sales etc. I’m thinking FOD will sign one imminently and will release the news to the market, then bang that’s your 50-100% right there. Or why can’t this do a ZNO and reach the market cap that they have currently, especially when FOD is generating more revenue already, that would give us a SP of +50c. For all those pip trading this, complete idiots. Those holding with a short term/medium term time frame are really, really wise IMHO
I bought in today at 8.7, and I can easily see this...
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $42.95M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 16.0¢ | 14.5¢ | $73.99K | 480.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6341 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 182563 | 3 |
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| Last trade - 15.40pm 02/08/2024 (20 minute delay) ? |
| OJC (ASX) Chart |