Less risky at 2c? Back when there was no evidence that there was a market (Saudi MOU), no real evidence the technology would ever work (CAT MOU) no evidence that builders even took it seriously (Archistruct agreement) it was basically just a video and some comments from management...
Back at 2c I wasn't interested, my biggest question was "if this tech is viable why is this on the market, not under venture capital funding" I got in after the Archistruct agreement and doubled down after the CAT agreement.
The potential global market for the HX is massive, IMO Australia alone is a big enough market to justify a 200M market cap. There still is a lot of risk and disbelief priced into this stock, but IMO the risk vs reward metrics have never looked better.
FBR Chart, page-1953
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.3¢ | $110.7K | 4.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 7238380 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 692096 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FBR (ASX) Chart |