I guess the bottom line is; forget the share price at the moment. Small caps with little to no revenue are getting spanked by investors because of all the trade tensions and signs of a recession. The share price sat at 20c for a long time and that was all based on hope not revenue. Hope goes out the window when market volatility spikes.
If Akida is everything we've been told then the share price will reflect that in time. If the sales team still can't do their job at that time then I would like to think a larger player would be interested in acquiring the tech.
Where to from here?, page-672
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Last
29.0¢ |
Change
0.035(13.7%) |
Mkt cap ! $572.0M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 29.0¢ | 26.0¢ | $10.11M | 36.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22403 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 628072 | 21 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |