Some analysts have already run a ruler over this stock and have conservatively measured the prospective PE ratio and developed a price target range.
I am not going to provide my analysis or anyone else's, but I will draw on the company's recent results and the direction of these results.
What we can glean so far is that;
(i) The company is profitable
(ii) The company has put in place a base to derive further profits
(iii) A PE ratio and price target can be arrived at
(iv) Further growth will only fuel further upward movement in the share price
(v) Institutions will become aware and due to internal mandates will eventually begin to accumulate this stock
The net upshot of all of this is that the stock has a more than an excellent chance of being multiple times higher if the results continue to keep coming in as they have. It's at the beginning of a potentially strong upside movement.
Watch This Space.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.00M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 96 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 438279 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 96 | 0.021 |
1 | 491617 | 0.020 |
2 | 250000 | 0.019 |
3 | 1434231 | 0.018 |
1 | 1000000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 438279 | 5 |
0.024 | 125000 | 1 |
0.026 | 64744 | 1 |
0.028 | 483161 | 1 |
0.030 | 827135 | 4 |
Last trade - 16.12pm 09/10/2024 (20 minute delay) ? |
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