On the 30th of Oct I said.
with a market cap of $12.5 million and nearly $9million in assets ...........is it a bargain after a 100% plus SP increase.....yes!!!!!!!
That was at 3.9 cent time of posting.
My personal view is that 4.6 cents is getting close to a full valuation right here right now.
The webinar was great, impressive, and I am massive fan of this stock. I own a bucket load.....wasn't hard to when it hung around 1.2 - 1.7 for so long............and I'm not selling.....but the way this stock behaves and the business this is no LYC or IOT or FBR or whatever....... this mob is cosy and patient in their Chatswood towers and WONT AGGRESSIVELY DO ANYTHING.........they are moderate and considered.
So chartists hoping for a another jolt up you will need to be patient. Maybe just maybe instead of looking at pretty pictures look at pretty numbers..........30-50% sales in growth in a 2% inflation environment is spectacular........but just wait and dont trash our stock into some sort of chop fest of volatility...
peace.......
from
patient sequoia waiting to gobble up your shares under 4............
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