based on what exactly? the company currently has a profit of $1m a year (which is very good), and is now valued at $40m+
if someone tried to sell me a business for $40m when it was making $1m profit.... (and yeah yeah I know people are going to bring up other, even worse companies, but comparing myself to hitler doesn't make me a good person).
I'm optimistic for the future of this company but I think this little surge recently has more to do with a few very keen buyers, than it is a reflection of broader market sentiment.
if I was a betting man, and I'm on the asx so clearly I am, I'd say that some of the recent cap raise participants will start finding the 100%+ gain a little too tempting to pass
all imo. not advice. dyor.
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $28.75M |
Open | High | Low | Value | Volume |
16.0¢ | 17.0¢ | 16.0¢ | $25.69K | 154.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 115185 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.170 |
1 | 18277 | 0.165 |
1 | 50000 | 0.160 |
2 | 60166 | 0.150 |
1 | 35200 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 49974 | 1 |
0.200 | 25000 | 2 |
0.220 | 16153 | 1 |
0.230 | 50000 | 1 |
0.245 | 15000 | 1 |
Last trade - 15.02pm 26/06/2024 (20 minute delay) ? |
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ODA (ASX) Chart |