Imo, I try to divorce my own perspective on valuation from the market.
I fully expect a 2-3m+ cash surplus this quarter, inclusive of R & D offset, but even if we do see those numbers, I don’t see this getting too far past 2 cents once settled.
For something that has been quiet so long, I must imagine there is a large amount of holders who are looking for an opportunity to offload, ultimately keeping the price down.
So short answer, I can see it hitting 3 cents intraday with good numbers, settling around 2.
Just need some consistent profits this year and this will look much better in 12 months, and I won’t be letting go of a single share until then!
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Last
0.6¢ |
Change
-0.002(25.0%) |
Mkt cap ! $2.790M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $1.84K | 287.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2454270 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 64407 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2454270 | 0.006 |
8 | 3418819 | 0.005 |
5 | 1644533 | 0.004 |
2 | 1600330 | 0.003 |
2 | 850000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 64407 | 1 |
0.008 | 166500 | 1 |
0.009 | 334405 | 3 |
0.013 | 200000 | 1 |
0.014 | 200000 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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CR9 (ASX) Chart |