fig jam Nah thats ok - yeah i traded this back way back when it ran from 20c to $1 - i got about 35% profits if i remember - got out quick though just before $1.(was a pure technical charting anaysis momentum trade that one)
A few days later micheal west in the australian bagged it and it fell apart - yeah the 888m shares in escrow once they come out well lets just say i expect that shareprice to be around 2c-4c a share. Funny thing is they are now almost profitable in the underlying business but a $1m profit wont be didly if the PE is 200 times - 1000 times forward earnings now lol.
Interesting cheap technology that has prospects of grwoth but without a 10 or 20 for 1 consolidation or the directors giving up all those escrowed shares this one is a bigger dud stock than LUM is lol lol
Anyway thanks for the feedback fig jam and have a good day
- Forums
- ASX - By Stock
- shares on issue * sb2000
fig jam Nah thats ok - yeah i traded this back way back when it...
Featured News
Add QTM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online