there no point looking at what company is doing because market has chosen to ignore it over the last 3 years since listing despite increase in revenue. so what going to change that now ?? not your fancy bar charts.
what matters is getting regal or next investor or big wealth funds on board then watch the SP move. till then no matter what company does market will ignore it.
market is full of bunch of sheep. they come chasing when SP rises not because company is hitting goals.
look at CUF company making 100M$ in revenue turning quarterly gross profit of 5M$, 8M$ cash, some amazing exploration assets and guess what MC is 18M$ when you have RDN valued at 130M$ and has absolute nothing.
this is the ASX.
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $8.826M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $10K | 1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1399562 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 184870 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1399562 | 0.009 |
7 | 1637133 | 0.008 |
3 | 1003695 | 0.007 |
1 | 250000 | 0.006 |
2 | 900000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 184870 | 1 |
0.011 | 1298417 | 4 |
0.012 | 1458900 | 3 |
0.013 | 2238230 | 3 |
0.014 | 2368515 | 6 |
Last trade - 12.47pm 16/08/2024 (20 minute delay) ? |
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