ha! yes, but that train wreck is just fun to watch now.
As for the $1 party. i think an MC of 400mc is not impossible, but i'd think muchea would need to be locked and loaded in construction before we can confidently move towards $1. So i think the 50c+ will be a good haul for Xmas.
I'd also note that constructions stage is BOOOOOOORING! and will likely see some drift sideways.
Then early next year we'll switch to revenue based valuation, which is x 10. So the all important production/sales figures will drive the SP. the sky will then be the limit.
through in a dividend and its possible that mr market pushes this into silly numbers like 1billion MC.
Daily price prediction thread, page-7
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $32.08M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.7¢ | 5.5¢ | $11.77K | 213.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26727 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 198258 | 1 |
View Market Depth
| Last trade - 15.11pm 24/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
-0.001 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.4¢ | 5.4¢ | 50000 | ||
| Last updated 10.21am 24/05/2024 ? | |||||
| VRX (ASX) Chart |