At the end of the day, with micro / small cap it is all speculation and risk reward management.
The math behind supply and demand makes sense. Margins will make sense. Product of difference makes sense (non alcohol base). 10,000 retail shops access makes a lot of sense. Scalability makes sense.
Even at the current level of 0.110, still plenty of upside at current market cap.
Market sentiment and momentum is very strong here. A lot of traditional stocks will be dumped and investors still need to park their money somewhere.
With record low interest rates, poor property market performance, it is a no brainer where investors will be parking their money. People will only hold cash out of fear for so long before greed kicks in.
SKN ticks enough boxes for me to be a Disallowed.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.357M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2941107 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 381088 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2941107 | 0.004 |
8 | 6409093 | 0.003 |
2 | 835000 | 0.002 |
11 | 7802102 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 381088 | 2 |
0.006 | 461008 | 1 |
0.007 | 1457000 | 2 |
0.008 | 200000 | 1 |
0.009 | 30000 | 1 |
Last trade - 12.11pm 27/09/2024 (20 minute delay) ? |
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SKN (ASX) Chart |
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