so whos currently accumulating at this price? and why?
it sure is cheap based on ps multiples however the next 2 quarters are clearly make or break based on cashburn rate. cash raise at these levels would be disasterous for holders.
in equal parts the other way, the upside is truly tremendous if they can successfully navigate the next 2 quarters. and by trendous i mean high teens in the next 6-9 months
being 5k deep at 2.1c i struggle to justify buying more of this stock and everyone should recognise both how risky this stock is and how much potential upside could occur over the short term also.
would love to be swayed either way but currently struggling to make uo my mind
so whos currently accumulating at this price? and why?it sure is...
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Last
5.0¢ |
Change
0.004(8.70%) |
Mkt cap ! $9.244M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 5.5¢ | 4.2¢ | $34.23K | 719.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 17020 | 1 |
View Market Depth
| Last trade - 15.28pm 07/06/2024 (20 minute delay) ? |
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Last
4.2¢ |
Change
0.004 ( 10.5 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.2¢ | 4.2¢ | 53126 | ||
| Last updated 10.07am 07/06/2024 ? | |||||
| DXN (ASX) Chart |