Fxm sentiment does seem to change from time to time!
But, agree it's an easy trade. 1 cent would be about $5mil MC, if long term this becomes a $30mil company, whether you entered at $3mil or $5mil MC you've made multi bags. But, of course a $3mil entry would have much better returns.
Anything this end of the market is petty cash on the ASX, great sentiment and a but of luck with ordinary fundamentals such as zero sales pushes some companies to $100mil+ market caps. This is not the flavour right now, but, that can change overnight or in a single announcement.
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.415M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| AO1 (ASX) Chart |
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