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Ok, so nothing specific? As you say the potential is there for...

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spongebobby

1,894 Posts.

48

01/07/18

13:38

Post #: 34065396
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Originally posted by furniture ↑

Any sub 5 mill cap has those returns on offer or else not worth playing
Further acq....decent play....lowish shares its speculative market ...always potential to reach 25 to 30 mill cap but in the end most fail however ones with 3 billion shares take around 2 years to break your heart while players sell out
We will find out over next year what awaits us....will l be a seller if we reach 25mill cap for sure but always hold a few as they can still run way more
Depends market condition sector its in and all those factors but from this mcap risk is very low as even allowing for raise its low shares opposed to others
Really out of our hands but to play for 100 percent returns is great but l dont play the daily crap...
Current 4.5 let say 800k cash even with raise formula is there
Can it fail for sure can it succed for sure
Up to individuals in the end to decide what to do and up to bosses to deliver shareholder gains but hey nothings a sure thing

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Ok, so nothing specific?

As you say the potential is there for any sub 5M MC play to bag which I agree with but there are plenty of plays with lower EV’s out there at the moment...

AOA Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $3.176M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$10	3.272K

Buyers (Bids)

No.	Vol.	Price($)
22	40416593	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	3594998	6

View Market Depth

No.	Vol.	Price($)
22	40416593	0.002
17	53790560	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	3594998	6
0.004	6642707	16
0.005	4513477	7
0.006	522050	3
0.007	2804075	7

Last trade - 12.41pm 31/07/2024 (20 minute delay)

AOA (ASX) Chart