Not sure but I have bought a few at 19c lately to help average down & make my average look a bit less painful !!
It might not be the greatest company in the space i.e. oxymem, now owned by Dupont but IMO under 20c seems an OK risk reward for the tech they have, the reference sites they have & the contacts they have made. I guess the 'China factor' is going to be an issue for a while, there are several ASX companies, a few of which I own stock in, that are suffering from the China association.
Also the ASX water stocks seem to have lost their mojo for now, DEM, CNQ, PET all having their SP issues. But as you say, it is an 'essential service' just depends what slice of the pie they can get.
If they get sales & cashflow, the market can't keep ignoring them forever. Meme stock yep, the voting machine is on their side at present.
All my opinion & in NO WAY advice
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Not sure but I have bought a few at 19c lately to help average...
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.69M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 4.4¢ | $53.53K | 1.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5547 | 0.058 |
1 | 9000 | 0.056 |
1 | 90016 | 0.055 |
1 | 9850 | 0.051 |
1 | 10000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 100000 | 1 |
0.060 | 84334 | 2 |
0.061 | 299816 | 1 |
0.063 | 37252 | 1 |
0.067 | 300000 | 1 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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FLC (ASX) Chart |