It never surprises me how people buy into (or speculate on) a new/developing company and expect positive cashflow at day 1 as if it was a bricks and mortar pre-existing business.
Sure there is some risk - but by your reasoning investing in Amazon would have been insane when they floated (making a loss on sales till online business picked up, no immediate cashflow....what a disaster - right?).
We all know how that ended .... kind of wished I bought at IPO there, i’d Be retired by now ;-)
You understand how that worked - right ?
Titomics fundamental tech is solid and it’s coming on nicely - if you want to cast doubt and downramp I’m Sure there are easier targets.
TTT chart thread, page-746
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $111.1M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 9.6¢ | $636.1K | 6.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65100 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 47230 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| TTT (ASX) Chart |