Who knows but at the end of the day they are not getting near the guidance and targets detailed in their prospectus. It's a huge market cap for a company with almost no sales. On the current run rate it is going to take a very long time for them to become profitable and they will be coming to the market for more money in the near future. They will have to rely on the fundies believing their story of billion dollar markets and the related hype which I think is misleading investors. I will continue to keep an eye on it as I do think it has potential but I am not willing to risk my money at these levels.
Ann: June 2020 Quarter Activities Update and Appendix 4C, page-5
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Last
$1.95 |
Change
-0.010(0.51%) |
Mkt cap ! $203.6M | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.95 | $1.82 | $722.8K | 379.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 4999 | 1 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| MPW (ASX) Chart |