the management has achieved what they promised for. 80% growth of revenue and cash flow positive.
Sp retraced back to 6.1c mainly because of the CR @ 6c.
I dont see how the sp would drop from here next week due to the following:
1. Management achievement in the last Q
2. High volume in the recent weeks
3. Great formation of cup and handle chart with a doji
4. 60 mil mc, well undervalued compared to peers.
5. Any further growth QoQ from current revenue will be more juicy profit.
Chart, page-48
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Last
49.3¢ |
Change
0.008(1.55%) |
Mkt cap ! $41.00M | |||
| Open | High | Low | Value | Volume |
| 49.3¢ | 49.3¢ | 49.3¢ | $1.231K | 2.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 30062 | 2 |
View Market Depth
| Last trade - 13.03pm 15/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |