SP has literally tripled in a month (10c to 30c) without any tangible, sales-related news (unless I'm missing something?). No way a new CEO alone could correlate with a 300% increase.
Also, in my books cap raises are only a good thing when the business has qualified future prospects lined up, which in all honesty, this company has been promising and under-delivering on for years. Why was this occasion any different? Sure it has led to this announcement, but we couldn't know that until now.
Please note that I actually love the product and concept, and definitely tracking this for a buy in. Last week this forum was all scratching their heads about the SP rise, and now people are justifying it?
SP has literally tripled in a month (10c to 30c) without any...
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Last
58.0¢ |
Change
0.040(7.41%) |
Mkt cap ! $140.7M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 59.0¢ | 54.5¢ | $477.1K | 844.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 45659 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |