Just to put things in perspective.
The shareprice went from the breakout at 8 cents to 20cents
This was because of the BBI/ALERE announcement
Some short term traders taking profits from 20 back to 17cents but the volume is small compared to the amount of buying done between 16-17 cents
The ALERE signing is a done deal if you ask me but that is just my opinion.
This deal will be a minimum $10m pa - I think more likely $20m pa plus possibility of excusivity could double this amount or more to stop competitors using MIXNGO.
ALERE are only ONE CUSTOMER of around 100 TESTING COMPANIES
So my valuation remains that this should be above $200m MCAP or around 25 cent shareprice.
If more news comes - Which I think it will over the coming weeks then 25 cents becomes 30-40 cents plus
Just my view
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.84M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 1.9¢ | $24.34K | 1.215M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1080621 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 0.020 |
5 | 1677960 | 0.019 |
16 | 1271612 | 0.018 |
5 | 807891 | 0.017 |
5 | 1728529 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1080621 | 4 |
0.022 | 255000 | 2 |
0.024 | 531781 | 3 |
0.025 | 406936 | 5 |
0.026 | 45454 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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ADO (ASX) Chart |