Option A) A$5m shell with management which has skin in the game, track record of delivering multibaggers and announced that they will be delivering a tech acq.
I'm of the mind that market cap does not matter (within reason) when buying shells. Quality of managment and timing is paramount.
OR Option B) A $2m shell which may acquire a tech at some point in the future but could be months or years away...or perhaps never.
To me Option A is a no brainer.
Timing is everything.
I hold one on your list.
Edit note: Apologies for formatting. Typing on mobile.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.344M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $110 | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 351333 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.011 |
2 | 299990 | 0.010 |
3 | 488890 | 0.009 |
2 | 640000 | 0.008 |
2 | 1200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 351333 | 3 |
0.013 | 627196 | 5 |
0.014 | 639062 | 1 |
0.020 | 100000 | 1 |
0.022 | 47951 | 1 |
Last trade - 10.08am 12/07/2024 (20 minute delay) ? |
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