I'm happy with the business' progress regardless of the share price activity.
They stated there's a pipeline of $15m and they lock away say $4m in one fell swoop. I simply take it as a sign that they're able to continue converting.
If the price goes down tomorrow, I'll still buy and unless the price goes up beyond what I consider to be reasonable, I'll still be buying, unless the business gives me a reason to do otherwise.
Overall, I look at the investment decision as a long term one going out beyond 5 years and in my opinion, if the business is able to provide reasonable indications of continued revenue growth at a rapid clip (and once profitable, earnings growth) and then convert that, this would largely justify a substantially higher share price in the fullness of time.
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Last
8.0¢ |
Change
0.002(2.56%) |
Mkt cap ! $22.92M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 8.0¢ | $8 | 100 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38036 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.1¢ | 98300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 38036 | 0.078 |
3 | 102102 | 0.077 |
5 | 264710 | 0.075 |
1 | 30000 | 0.072 |
1 | 19000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 98300 | 1 |
0.082 | 93985 | 2 |
0.083 | 24240 | 1 |
0.085 | 11776 | 1 |
0.086 | 100000 | 1 |
Last trade - 14.20pm 26/07/2024 (20 minute delay) ? |
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AR9 (ASX) Chart |