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.
On revenue of $17 million, they are still losing $3 million a...
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Last
50.0¢ |
Change
0.020(4.17%) |
Mkt cap ! $22.76M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 50.0¢ | 45.5¢ | $12.35K | 25.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6034 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 9000 | 1 |
View Market Depth
| Last trade - 13.32pm 23/08/2024 (20 minute delay) ? |
| IME (ASX) Chart |