In the period 2009-2011 it'll be earning its entire current market cap and then some. This is one of the biggest opportunities to create some serious wealth. You could effectively have a massive stake in the company for around $1m, or more with leverage. There is absolutely no way the share price will stay this low for long, and its been moved so dramatically by very low volumes most likely by punters trading in and out, or seeking to make very small amounts of money on daily moves. Last time I checked you could buy the market cap on offer in one sweep up to about 13.5c for $1.3m. Says a lot about how easy it is to get an impression about the company.
- Forums
- ASX - By Stock
- good time to buy
In the period 2009-2011 it'll be earning its entire current...
-
- There are more pages in this discussion • 4 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 SMM (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.123M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $7.751K | 1.937M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 11832915 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 989256 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 11832915 | 0.003 |
10 | 16225101 | 0.002 |
10 | 38300102 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 989256 | 1 |
0.005 | 5405155 | 7 |
0.006 | 5487231 | 10 |
0.007 | 3478571 | 5 |
0.008 | 1000000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
SMM (ASX) Chart |