You guys are a bit like ex President Trump, with his predictions about Covid - gone by Easter, then when the weather gets hot, then it’ll just disappear etc, etc.
Throw in his predictions for when a vaccine will be available and, well I guess you get what I’m saying.
Mark today’s date in your diary - there will be no material announcements about IP or chip sales (meaning revenue) until at least early 2021.
In the meantime in between time, the SP will hang around where it is, unless world stock markets wake up to what lies ahead for the world economies.
My prediction is a retrace back to March’20 lows, and then some.
Companies huge, big, medium and small will go into survival mode, cutting everything other than the absolute necessities, meaning R&D will at best be delayed until they know whether they will survive.
This could take our battler back to 20 cents, ‘perhaps’ less eh Tech!!
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Open | High | Low | Value | Volume |
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20 | 1159723 | 0.175 |
31 | 959035 | 0.170 |
40 | 851584 | 0.165 |
56 | 1373392 | 0.160 |
Price($) | Vol. | No. |
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