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1.9¢ spacetalk ltd

Ann: Preliminary Final Report, page-23

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nicarena

907 Posts.

163

04/09/19

12:31

Post #: 40306445
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Originally posted by schura: ↑

MWR share price seems to have done the usual thing and drifted down on no news.
It's a crazy situation that a growing and expanding business with a clear path to increased profitability has such a small market cap.
But you gotta remember that the share price is just noise. The business is sound IMO, and shareholders will be rewarded in time.
Perhaps news on actual sales in UK will kick the SP along. Perhaps it will be the next half yearly that we get a good picture of how things have unfolded.
At the end of the day, I simply ask
"Do I trust management?" Yes.
"Is this business undervalued?" Yes.
These two basic questions are far more important than the daily or hourly share price.

Expand

And I would add in "Do I see this business being considerably larger in 3-5 years?" Yes.

MWR Price at posting: $3.70 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 1.9¢		Change 0.001(5.56%)		Mkt cap ! $8.949M

Open	High	Low	Value	Volume
1.9¢	1.9¢	1.9¢	$39	2.067K

Buyers (Bids)

No.	Vol.	Price($)
2	38647	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	63946	1

View Market Depth

No.	Vol.	Price($)
2	38647	0.018
4	3314522	0.017
1	100000	0.016
2	1733332	0.015
1	35780	0.014

Price($)	Vol.	No.
0.019	63946	1
0.020	758462	5
0.022	474566	3
0.023	57039	2
0.024	150000	1

Last trade - 16.10pm 23/05/2024 (20 minute delay)

SPA (ASX) Chart