It's not so much about the $ value of the order.
Any order helps to prove that the product is viable and that there is demand for the product.
If the product is viable and there is a demand for it, a substantial Navy contract could be around the corner.
A Navy contract could be in the millions or tens of millions or even hundreds of millions, across several years.
The way I see it, there are three different scenarios for UUV:
1. Company goes insolvent and someone buys their assets/IP very cheaply during the liquidation.
2. Company gets taken over (again cheaply due to the low current SP and shareholder frustration).
3. Company lands a big contract or two and the share price skyrockets.
Not sure which way this is going to play out.
As a shareholder, I'm hoping for scenario 3. As a pessimist, I'm worried about scenario 1.
- Forums
- ASX - By Stock
- for newbies (like me)
It's not so much about the $ value of the order.Any order helps...
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1CG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.817M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $28.58K | 3.980M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 341821 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1678777 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 341821 | 0.007 |
10 | 6476666 | 0.006 |
8 | 2177355 | 0.005 |
2 | 1700000 | 0.004 |
1 | 500000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1678777 | 4 |
0.009 | 1115552 | 4 |
0.010 | 314385 | 6 |
0.011 | 592633 | 3 |
0.012 | 1107597 | 3 |
Last trade - 14.53pm 01/05/2024 (20 minute delay) ? |
|
|||||
Last
0.7¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
0.8¢ | 0.8¢ | 0.7¢ | 1053100 | ||
Last updated 13.55pm 01/05/2024 ? |
Featured News
1CG (ASX) Chart |
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online