Can it hit 20c? Why not? It's hit almost 15c with less positive fundamentals in recent history. A better question is whether a 20c SP is justified for the longer term. Sentiment can carry an SP to unjustified extremes but if a company wants to have some long term MC consistency then it needs to be a combination of fundamentals, future projections and sentiment to carry that SP and keep it there.
Time will tell if the fundamentals myself and many other holders have estimated and forecast to be the case will come to fruition but that's the nature of the spec end of the market.
Exciting times in the next few days as we see if some of those expectations are met, delayed or defeated.
AUZ Chart, page-3586
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $10.92K | 1.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 6690718 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1140262 | 6 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |