In my view the market believes in the product but just wants to see more large tender wins before it re-rates M7T to a higher more appropriate multiple. Ther is no doubt the several new tender wins will light up the NPAT growth rate.
The company has passed the operating cash flow test and the final test for M7T is the NPAT test.
I have great confidence in M7T and I have the patience to wait.
Cheers…….Daicosisgod
M7T Chart, page-6
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Last
55.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $132.6M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.0¢ | 53.5¢ | $29.41K | 54.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45000 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 3705 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| M7T (ASX) Chart |