I think the initial SP and expectation was too exaggerated, sure great upside potential but that is going to take a while to materialise. With data to date and industry feedback that I have received: “no real need yet as there are other affordable ways to do this” & “latency overhead on alternatives is none to negligible” makes me still think that the “opportunity / upside was oversold at the IPO”. The new CEO seems to have so many other interest that focus should be considered. I am being patient to enter with this one due to decreasing insto interest, cash burn rate and wait for more realistic SP then v long.
Good luck all
I think the initial SP and expectation was too exaggerated, sure...
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Last
$12.62 |
Change
0.040(0.32%) |
Mkt cap ! $2.012B | |||
| Open | High | Low | Value | Volume |
| $12.64 | $12.65 | $12.46 | $9.363M | 745.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13527 | $12.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.63 | 3617 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$12.55 |
Change
0.040 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $12.61 | $12.65 | $12.46 | 121616 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| MP1 (ASX) Chart |