Quite possibly! I traded a small parcel back in June then picked up some more at 10c in July and have held onto them.
I like the tech space, not just because its trendy but I am interested in the space and whilst not an expert have some knowledge. Happy to do lots of research on underlying products, companies etc and then see how the companies claims match the market reality.
All that being said, I have done much less research into ACU than I should have, really a trade turned medium term hold as the tech looked OK - announcements ongoing and the recent capital raising means they should be able to just keep on working on their plan for the time being.
And as you say 9 million market cap with 4 million cash at June 30, the cash should tide them over for the next 6 months possibly longer. Still speculative but at 8.3c there is a good upside potential if things start to go well for the company in my view.
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Quite possibly! I traded a small parcel back in June then picked...
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