Well for small holders like me, the SPP has effectively valued my stock at 5 cents. If I sell today at 6.3 cents, I could repurchase the same amount at 5 cents, which represents a 26% arbitrage. The only question is whether the stock is even worth 5 cents?
My average is just over 22 cents, making this the worst percentage loss I’ve experienced in any investment. I should have taken it more seriously, but I let it slide because the amount wasn’t significant, though 70% loss stings, as I shouldn't have averaged down, but sold up at a loss.
Honestly, I feel that we, as investors, have been misinformed about the actual state of the sales pipeline. There’s talk of a $100M pipeline, but they’ve only secured a fraction of a fraction of a percent of that.
So much so, I think it’s more than just a long lead time for uptake; in my humble opinion, it’s a fit-for-purpose problem. It’s like asking taxi and courier companies, "Would you be interested in safe, driverless electric taxis and vans?" They all say yes, and suddenly you claim a $1T pipeline of sales. However, if you can’t engineer and mass-produce safe, AI-driven electric vehicles, then your sales pipeline is just nonsens
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enlitic inc.
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3.1¢

Well for small holders like me, the SPP has effectively valued...
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $25.59M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.1¢ | $11.45K | 364.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 88659 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 133777 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 88659 | 0.031 |
5 | 421445 | 0.030 |
1 | 50000 | 0.026 |
2 | 1010001 | 0.025 |
1 | 1000000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 133777 | 1 |
0.035 | 82458 | 1 |
0.037 | 100000 | 1 |
0.039 | 44689 | 1 |
0.040 | 65410 | 1 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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