One of the best posts I've seen @rafalz.
@Bullsnuts - This is still a spec stock. Speculation = risk. Most companies starting out have zero income and are therefore a massive risk to invest in. The ONLY reason that anyone invests in (not trades) an "unproven" company is that the company starts to reduce it's risk and "pieces of the puzzle" start to come together. Management experience, ingenuity of product, market size, pricing structure etc etc etc etc. are some of these. Many (including myself) believe that PCK has de-risked considerably in the last 2 months, paving a "clear path" to an enormous market and subsequent turnover and profit. Hence the price/market cap explosion. $200m company at the moment? Of course not. But the market is simply starting to price in the future of the company and get in before it reaches where it looks to be heading.
Spec stocks aren't for everyone and that's understandable considering the risk.
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One of the best posts I've seen @rafalz. @Bullsnuts - This is...
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.98M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.1¢ | $120.1K | 3.709M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15059 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 321506 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15059 | 0.032 |
2 | 268951 | 0.031 |
6 | 1922000 | 0.030 |
1 | 500000 | 0.029 |
3 | 475000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 321506 | 2 |
0.037 | 125000 | 1 |
0.038 | 29998 | 1 |
0.039 | 200000 | 1 |
0.040 | 50000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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PCK (ASX) Chart |