I'm expecting a fair bit of volatility between now and the SPP shares being issued and traded by those who want to trade them for a profit in the days after they're issued. Then as the co. shows its return to profitability the SP should head up to 20c? 30c? 50c? 100c and so on. For me I am holding on to my parcel, pick up some more @ 3.2c and park them for the long term. This company now has strong fundamentals, a clear strategy to become a strong cash earner from a product in growing demand in our region just from YTK production. The potential to develop the tuna side of the business once the cash flow from YTK is established over the next 2 years adds significant blue sky.
I'm expecting a fair bit of volatility between now and the SPP...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $37.24M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $17.23K | 93.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 73830 | 2 |
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| Last trade - 15.14pm 02/08/2024 (20 minute delay) ? |
| CSS (ASX) Chart |