The traders got ahead of themselves short term at $1.48 but I do believe those longer term holders will look back at $1.48 and be glad they didn't sell.
Everyone has a different investment strategy and we should respect all. No one strategy is right all the time.
I have stated myself this is speculative at this point in the companies development. It's early days. Given the space they are in and the Tier 1 firms they have been talking to (read articles posted previously), I personally don't think a $60M market cap is silly. You can't value this with financial ratios. It's too early.
Yes, the LFP is in proof of concept stage but just ask yourself what will the valuation be IF the LFP is proven?
For me, it's too risky NOT to be in the stock.
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $39.79M |
Open | High | Low | Value | Volume |
10.0¢ | 11.5¢ | 9.6¢ | $1.020M | 9.825M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1734047 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 113348 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1684047 | 0.105 |
13 | 3207532 | 0.100 |
3 | 261283 | 0.098 |
3 | 123509 | 0.097 |
2 | 82800 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 113348 | 2 |
0.115 | 252136 | 7 |
0.120 | 873778 | 8 |
0.125 | 49939 | 3 |
0.130 | 188517 | 4 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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