The more I read about this stock, the more I think the risk to reward play is attractive.
Given the relationship between Faria & SCL (particularly the notion that Faria benefit from an uplift in SCL business performance), I think a case for a possible investment is reasonable.
If SCL can sign up a reasonable number of schools onto the Verify & Advantage platforms from July, 2021 then it seems within possibility that SCL can begin to attack the addressable market dominated by Search Associates.
Given the current market cap of ~17m, any success from the Faria agreement will result in a fairly attractive reward for shareholders.
However; In the little time I have researched the stock it seems like the stars will need to align pretty squarely for everything to go 'smoothly'.
In linking back to my opening line, a high risk investment doesn't necessary equal an unattractive investment and thus I am keeping on eye on SCL.
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $6.831M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 18.0¢ | $5.679K | 30.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10800 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 4200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12500 | 0.165 |
1 | 10000 | 0.140 |
1 | 2750 | 0.105 |
1 | 5000 | 0.100 |
1 | 10000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 4200 | 1 |
0.195 | 1000 | 1 |
0.200 | 14605 | 1 |
0.205 | 9190 | 1 |
0.210 | 41150 | 2 |
Last trade - 15.34pm 20/05/2024 (20 minute delay) ? |
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Last
19.0¢ |
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Change
0.010 ( 2.56 %) |
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Open | High | Low | Volume | ||
18.5¢ | 19.0¢ | 18.5¢ | 2000 | ||
Last updated 10.29am 20/05/2024 ? |
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SCL (ASX) Chart |