I just bought in today after this announcment and having a look at the various presentations and reports from the company. It looks very interesting and given they have $11m cash, no debt, recurring revenue from an existing product, massive potential growth from a new product (that is disruptive technology - which is what I like) and a global (take over the world) attitude. All for a mkt cap of $23m.
I recognise they are cashflow negative but the director calibre points to strong financial control and commercial nous.
I haven't looked to far into the history so appreciate any insights from those that have been following for awhile as to what potential they see in this.
It certainly ticks a few boxes for a high risk (but considered), high reward investment
Cheers
Maddoc
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Last
$3.07 |
Change
0.040(1.32%) |
Mkt cap ! $216.4M |
Open | High | Low | Value | Volume |
$3.08 | $3.15 | $3.05 | $162.9K | 52.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 615 | $3.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.08 | 2811 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 615 | 3.070 |
3 | 4060 | 3.060 |
4 | 14796 | 3.050 |
3 | 2008 | 3.030 |
2 | 1428 | 3.020 |
Price($) | Vol. | No. |
---|---|---|
3.080 | 2811 | 1 |
3.120 | 1 | 1 |
3.130 | 10 | 2 |
3.150 | 24351 | 5 |
3.160 | 1000 | 1 |
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