it appears as though they did $11m in revenue in FY23 and looking at their last 2 quarterlies they did over $6m in revenue (i.e. for the 6 months) plus 4 new contracts in January 24 - seems like $2m extra in annual turnover brought in only in the last 6 months. Not to mention other customers are testing the product so assuming new sales on the horizon.
When I first got in this stock about 5-6 months ago in the low 2s they were about 5,000 tonnes away from break even, I saw a recent preso that said 2,000, maybe less if the pricing is good.
seems like going in the right direction
in any event I'd feel pretty silly buying in the low 2s and selling at these levels to get a 50% return, the market is tougher than its ever been, junior explorers strapped for cash offering discounts and shareholders know they may fold. Suvo took advantage of the opportunity and this may now send a signal to the market the only way to get in is to buy on market and generally on market buying = increase in share price!
Not interested in selling at these levels and leaving money on the table
Onwards and upwards
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it appears as though they did $11m in revenue in FY23 and...
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Last
6.0¢ |
Change
0.003(5.26%) |
Mkt cap ! $58.07M |
Open | High | Low | Value | Volume |
5.5¢ | 6.0¢ | 5.4¢ | $57.56K | 1.021M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 386685 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 418665 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.053 |
1 | 250000 | 0.052 |
1 | 100000 | 0.051 |
1 | 20000 | 0.050 |
2 | 125000 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 418665 | 4 |
0.061 | 419970 | 2 |
0.062 | 435395 | 4 |
0.063 | 184277 | 2 |
0.064 | 150000 | 1 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
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