On revenue of $17 million, they are still losing $3 million a year.
As previously suggested Institutions will only be interested in this stock when revenue reaches approx $30 million and the company is in profit..
Could take up to 3 years before this situation is achieved provided expenses are contained and growth remains.
The stock is illiquid and small time players currently grabbing a few along the way to trade on the chart indicators.
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Last
27.0¢ |
Change
-0.025(8.47%) |
Mkt cap ! $14.48M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 27.0¢ | $8.376K | 30.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20123 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 34819 | 2 |
View Market Depth
| Last trade - 12.28pm 07/07/2025 (20 minute delay) ? |
| IME (ASX) Chart |