The first commercial deal is close IMO,
Watch this re-rate on a epic scale once this occurs and rightly so.
People need to remember just on the IP silo alone now we remain undervalued.
However once we get the first deal which is likely to be Delta this changes things a lot and i think 600-700 million MC is very reasonable (6-7 dollars per share).
Here is why...... unlike many other disruptive industries adoption rates for CVM will be fast and i mean very fast. There are no if's but's or maybes for delta's competitors its either they get the technology to match them or watch profit margins slip by the day in a already very competitive low margin industry. They will not last long.
So on that note the way i expect the market to behave is with anticipation of this adoption rate and give us a MC that reflects that which my by understanding will be 600 to 700 million min.
enjoy
Cheers bonkers.
- Forums
- ASX - By Stock
- breakout alert - again
The first commercial deal is close IMO, Watch this re-rate on a...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMN (ASX) to my watchlist
(20min delay)
|
|||||
Last
41.0¢ |
Change
-0.010(2.38%) |
Mkt cap ! $56.31M |
Open | High | Low | Value | Volume |
41.5¢ | 41.5¢ | 40.5¢ | $5.42K | 13.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1493 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 55156 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1493 | 0.390 |
1 | 20000 | 0.380 |
2 | 12600 | 0.375 |
3 | 75202 | 0.370 |
1 | 13698 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 55156 | 1 |
0.430 | 15000 | 1 |
0.445 | 3021 | 2 |
0.450 | 2000 | 1 |
0.460 | 20000 | 1 |
Last trade - 12.57pm 03/07/2024 (20 minute delay) ? |
Featured News
SMN (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online