The market is being cautious.
When you think about all those tech stocks that have run hard only to capitulate it makes sense.
This tech is a massive risk but it's either Boom or Bust here. If it's Boom it won't be stoppable and there won't be a monumental crash in SP.. just consistent re-rating north for the next few years with the usual dips along the way.. If it's Bust and gains little traction that will be as equally spectacular I'm sure..
So what's it gonna be? Boom or Bust?
My money is on option 1
The tech is too big and the company too small to fail has been my sentiment for a long while now. Let's hope I'm right and the company value grows to match its technology potential. Should be a wild ride with any luck..
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1.3¢ |
Change
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Mkt cap ! $2.585M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 209505 | 1.2¢ |
Sellers (Offers)
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| 1.3¢ | 166415 | 1 |
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