With the pathway for sales into the USA clearing I can see this getting some real traction. At ~$20m MC it seems very cheap, a single building deal can see this rerate in a space where competition is limited.
Yesterdays action looked like a first flush to clear out a few of the underwriters who took about 4m shares in the last raise. Including Chi-X 4.5m shares transacted yesterday of 72m tradable shares. IMO this has a fair way to travel yet.
• Govt funded ($1.6m) for a grid-independent greenhouse commencing 2019.
• Manufacturing partner(s) readying for commercial scale production and sales
• Coffers refilled after a $2m SPP closed last month
Largest volume yesterday in over a year with targets at 25c and 30c looking to be in reach over coming sessions
With the pathway for sales into the USA clearing I can see this...
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Last
58.0¢ |
Change
0.010(1.75%) |
Mkt cap ! $140.7M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 60.0¢ | 55.0¢ | $1.038M | 1.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5263 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 24999 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CPV (ASX) Chart |