Look at revenue, costs and sp/MC. At 10c or 20c it would be unsustainable. But at mid 1c it is totally different. Of course if they won't get to CF+ in 9-12 months time or the software isn't that unique and not rolled out, then, yes even 1.5c would be too expensive. But atm it looks they finally got their act together and could become an income stock. Still risky but a lot risk taken off. That's when Steini pounces.
GLTA
Look at revenue, costs and sp/MC. At 10c or 20c it would be...
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $12.23M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $10.77K | 815.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2755989 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 387999 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 111774 | ||
| Last updated 15.57pm 26/04/2024 ? | |||||
| W2V (ASX) Chart |