If, and a huge if at that, they get beyond the cash burn (break even or net profit) - I think there would be a big jump in stock price. The plant cost a lot to build, much more than current market cap. It seems to be the high (and very real) risk of collapse keeping the price down.
bottom dweller..interesting charts, page-2
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.70M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $9.45K | 70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 175000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 62498 | 2 |
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| Last trade - 10.09am 01/08/2024 (20 minute delay) ? |
| TEK (ASX) Chart |