As we've discussed many times here, it has at least 2 savvy deal makers on its register/board, and one of them is a very agressive buyer whenever it trades 0.6 cents. I reckon you could throw 200 million shares at 0.6 cents and it would stay bid there.
I would have thought for that reason alone it deserves to trade at a premium to cash backing.
Oh, and don't forget it potentailly has another $AUD 3 million cash coming its way. Maybe not tomorrow, but it has some value.
Well worth a punt at cash backing.
APY to go Tech ?, page-2
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.067M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $54.47K | 6.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 14015506 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2562946 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CE1 (ASX) Chart |