Nice update. Clarity throughout the presentation. No big surprises, things are running smoothly. Nice easy hold from here. SAP Cloud Platform and S4 HANA environment on track for completion this month (2 more trading weeks) will see an update with that and its capability for generating greater revenue of between 500k to 1.2M per client. Thats damn nice.
Technical analysis is unchanged since previous post. Really nice consolidation period. Bull flag intact. Support at .260 and further support at .250 (CR Price). Consolidating on very low volume days and holding strong. A trade day with big volume will break through the downtrend with likely continuation with news flow being the catalyst to re-test old highs near .330
Furthermore, flag pole target price is around .500 if we see a repeat of old moves. What is very exciting and as previously stated, the daily chart indicates that a move north will bring forth the "Golden Crossover" (50ma over 200ma) and generally speaking that is a very bullish sign that investors look for.
Finally... our market cap is 12M....IMO we will be multiples of that by years end.
Have a great day everyone.
Nice update. Clarity throughout the presentation. No big...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.71M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $11.51K | 62.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2051815 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 1176736 | 11 |
View Market Depth
| Last trade - 14.45pm 26/07/2024 (20 minute delay) ? |
| K2F (ASX) Chart |