Should now be over $10 a share?? OK well the market speaks and says $2.30. This is because there is no revenue stream and the potential which was supposed to drive this to a new level has not manifested. If you look at the risk factors then the downside is there more than ever, the market knows this and prices it, a rerate from brokers should be around $2.50.
$5 million unsecured to chuck on a speccy stock, yep no wonder the banks won't touch ya...investment strategies similar to this have left many a hand burned.
Happy new year and don't believe the hype.
MSB Trading 2021 - paradigm shift, page-22
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Last
99.5¢ |
Change
-0.070(6.57%) |
Mkt cap ! $1.141B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.04 | 99.5¢ | $3.674M | 3.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5201 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 39216 | 1 |
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| Last trade - 15.59pm 04/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |