abro085 : Ellex should be able to grow revenues significantly this year and beyond , from the lower $A , the increased market ( USA now open to them ) , and their own improved product range .... and possibly from those acquisitions too ...
... if they manage that into " meaningful profits " , the SP ought to reach your 80 cents in a year or two .... and if the market wakes up to Ellex , the P/S ratio may expand out from it's current 1.0 ... a modest P/S for a " biotech " company ...
The " game-changer " is their 2RT laser , which , if it is successful in the trials currently underway , could take the SP to a multiple of 80 cents ! ... could !!!
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Mkt cap ! $41.23M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 18.0¢ | $13.23K | 73.51K |
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No. | Vol. | Price($) |
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2 | 49553 | 18.0¢ |
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18.5¢ | 5000 | 1 |
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No. | Vol. | Price($) |
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2 | 49553 | 0.180 |
7 | 212000 | 0.175 |
5 | 70000 | 0.170 |
4 | 114241 | 0.165 |
11 | 369675 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 5000 | 1 |
0.190 | 103697 | 2 |
0.195 | 97471 | 2 |
0.200 | 143323 | 4 |
0.205 | 15050 | 1 |
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