I sincerely think we are onto a sleeping behemoth here.
It may take another year or two, and to be honest I am not even sure if I want them to turn cashflow positive if it comes at the expense of growth.
But it will take 4c results to move the market sentiment on this stock and the support if institutional investors to take it to the next level.
we are in that weird space where the need for the product has been proven, but the profitability is not evident. Coming to the end of the life as a speculative stock, but without the evident fundamentals to elevate it.
Growth is there, profitability approaching and the sp will follow.
I sincerely think we are onto a sleeping behemoth here. It may...
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $50.75M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $7.036K | 183.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 107911 | 3 |
View Market Depth
| Last trade - 15.33pm 10/05/2024 (20 minute delay) ? |
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Last
3.7¢ |
Change
-0.002 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 3.9¢ | 3.9¢ | 3.7¢ | 239519 | ||
| Last updated 14.42pm 10/05/2024 ? | |||||
| WZR (ASX) Chart |