The company is at a very interesting juncture - it has not been sold down below $1 on concerns of the cap raise previously suspected and also f8ck all news flow.
So the question is then what will happen when significant news and traction hits - could explode - we know what happens if the remaining shorts need to close or a new institution wants in.
Anyone set in the stock now would be mad to take a sugar fix profit on any spike - the last 2 years has been about the land grab and management have clearly stated its a 2 year run way to get telcos selling.
This year we should have:
- Cisco Webex live and billing
- 5 - 7 behemoth US Telco's firing
- Behemoth Mobile launch - domestic and overseas
- IBM delivering enterprise grade deals
What this could mean between July and Dec this year could be quite astounding - we were getting 20% + plus growth each quarter without the above - one or two enterprise customers could double user numbers.
Anyway I suffer from the day to day gyrations and self doubt but I think by March any doubters will be silenced and this will become an investment grade stock and could quite easily become like an Afterpay type stock - except a lower cost base and regulation in his favour.
Already some credible names on the register - be great to see more on board and then index buying.
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Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $24.96M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.6¢ | $86.26K | 4.953M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 190149 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 919667 | 3 |
View Market Depth
No. | Vol. | Price($) |
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2 | 190149 | 0.018 |
5 | 1296529 | 0.017 |
25 | 6011540 | 0.016 |
14 | 1302002 | 0.015 |
6 | 2227572 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 919667 | 3 |
0.020 | 1408005 | 5 |
0.021 | 600 | 1 |
0.022 | 1329634 | 3 |
0.023 | 150000 | 2 |
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