Seen plenty of tech plays get to $200m + MC’s based on potential...

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huntfish

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29/12/21

19:55

Post #: 58555587
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Originally posted by Guata: ↑

Given expected ANN/s within next 2-3 weeks the bounce off the base @ 3.0-3.1 to 3.5 today tells me my Candles chart is creating a widening reverse wedge to the extent that the next major move up will either materialise slowly over several days pre-ANNs or jump straight after, up to

Target #1 : at least 6.8, to test its previous high there on 17 Feb. this year, then
Target #2 : 10.0 on 09 Nov 20, then
Target #3 : 24.5 on 18 Sep 17, a major resistance level dating back to Oct '15 thru Feb '16.

These last 2 Targets may well prove to be irrelevant given the nature of the expected ANN/s we should be delighted to read about.
If that scenario does eventuate then the all-time high of 35.0 reached in Aug '15 may well get blown out the window.
Keep in mind tho that at 35.0 the MC will be close to $230m, or 10 times what it is now.

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Seen plenty of tech plays get to $200m + MC’s based on potential
No different here
Few things I look for to get the best results in Microland

Software that can have endless verticals and possibilities - tick
In an area of great interest or future interest (meta/AI) - tick
The ability for investors to be able to perform stupid maths on future earning potential - tick - or at least that will come when we start seeing deals and how they will be structured
CM8 could make a lot of long term investors very happy in 2022

CM8 Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
19 Upvote

2 Great analysis

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(20min delay)
Last 1.8¢		Change 0.001(5.88%)		Mkt cap ! $20.88M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$1	55

Buyers (Bids)

No.	Vol.	Price($)
1	340000	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	815999	4

View Market Depth

No.	Vol.	Price($)
1	340000	0.017
5	2021853	0.016
15	2551999	0.015
8	2265510	0.014
7	3274277	0.013

Price($)	Vol.	No.
0.018	720000	3
0.019	1195000	5
0.020	1689579	6
0.021	1309625	5
0.022	658956	2

Last trade - 10.09am 14/10/2024 (20 minute delay)

UNT (ASX) Chart

Seen plenty of tech plays get to $200m + MC’s based on potential...

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Soil sampling extends Portland Creek uranium target by 340% for Infini

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Seen plenty of tech plays get to $200m + MC’s based on potential...

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Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

James Bay latest lithium player to pivot to other metals amidst slump

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Soil sampling extends Portland Creek uranium target by 340% for Infini

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