This downtrend is going to need plenty of volume to break.
Optimists on this forum are calling this a buy because it's so cheap???
1 year ago, approx 1.4B shares = market cap of approx 65mill
today, approx 2B shares = market cap approx 100mill
The share price is similar to a year ago but with a big larger valuation... if this was 40mill market cap then it would be good value with 20/30% upside.
At this valuation where is the upside? this thing isn't going to double from here in current market conditions
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Last
0.3¢ |
Change
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Mkt cap ! $11.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| NET (ASX) Chart |
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