this 'price breakout' has so far lacked volume so should be treated with suspicion.
i think with the current report, the market will start doing its calculations for future earnings and see the potential for customers.
based on the results for the 1st 6 months, i would expect a reduction of 20% in transaction volume to be a conservative estimate going forward. factor in this 20% reduction with a doubling in revenue (from $1 to $2) and it should make a pretty handsome profit
of course, the reduction in volume could be a lot worse, but as yet i don't think there's any basis for those assumptions
this 'price breakout' has so far lacked volume so should be...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $2.283M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $14.78K | 900.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 435067 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 418019 | 1 |
View Market Depth
| Last trade - 12.28pm 23/06/2025 (20 minute delay) ? |
| CUS (ASX) Chart |