I've done that on a few stocks..
Bought fmg at 1.60, sold at 1.90, took some good profit.. its now over $5 and got there in a month, and is now paying a 40c dividend a year. Bought atlas at 1c and sold at 2, it went to 5.4c. Bought bkn at 50c sold at $1, takeover 1 month later at $3.25..
This is one of those stocks, that once it is proven.....
as Michaeljob said with ownership of 1 plant estimated market cap would be half a billion, current market cap 31.3mil. That's 16 bags. If that takes 2 years to happen, I will happily retire, and wait for divi's.
Now that could be FOMO. But if there is any stock on the asx that can do it, once this is out there, its this one.
Carbon free energy, with global vehicle manufacturers and countries going to a hydrogen economy.. we are in the box seat.
Gltah
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Mkt cap ! $67.88M |
Open | High | Low | Value | Volume |
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4 | 23362 | 0.275 |
5 | 27376 | 0.270 |
2 | 4521 | 0.255 |
10 | 74948 | 0.250 |
Price($) | Vol. | No. |
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0.295 | 34408 | 3 |
0.300 | 76226 | 5 |
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