IN MY OPINION (Get your own)
What actually matters is that the business keeps making sales, developing strategic relationships and proving the value of its product offerings.
It may or may not need to raise funds... It is extremely conservative in its approach...
if it does need to raise funds, I hope it raises plenty... and then gets the clean air to build the business.
Unless you are a trader, all that matters is that they are building a sustainable business. If the tech is good enough to be competitive (and based on some of the current customers, I reckon it is) and the management can get the clean air to build the business (I reckon they have runs on the board based on working with the smell of an oily rag... but would prefer they took a less conservative approach)... then we will get our returns... potentially very nice multiples on a 4 cent stock...
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2 | 320000 | 0.039 |
3 | 263578 | 0.038 |
4 | 345000 | 0.037 |
6 | 1220667 | 0.036 |
Price($) | Vol. | No. |
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0.044 | 325588 | 3 |
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