yes plenty of mentions of potentially offloading inventory and signing contracts across the globe, but:
- this is a small/micro cap that has just recently become profitable so no real track record,
- they have had 3 large orders driving that profitability over the last 2 years
- they have minimal cash so challenging to fund certain type of orders unless paid in advance (look at EOS)
- the shareprice is 40% below a similar point in time 4 years ago despite what appears to be significant progress
Consistent profitability, positive cashflow, winning orders, recurring/long contracted revenues etc will be needed over a decent period of time for the shareprice to reflect a change in sentiment.
I'm not looking for the next 1-2 announcements to pop hte price by 5-10%, but rather mgmt able to show a sustainable business generating ~$10m in profits with decent cash conversion and then you can easily see this hit 80-100c
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yes plenty of mentions of potentially offloading inventory and...
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22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $22.59M |
Open | High | Low | Value | Volume |
22.0¢ | 25.0¢ | 22.0¢ | $177.1K | 774.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 0.220 |
3 | 29006 | 0.215 |
1 | 9934 | 0.210 |
8 | 179874 | 0.205 |
9 | 511006 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 10000 | 1 |
0.240 | 72816 | 2 |
0.245 | 14617 | 2 |
0.250 | 100442 | 5 |
0.255 | 25771 | 2 |
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