5GN 3.23% 15.0¢ 5g networks limited.

Wireless Services - New Trend?, page-2

  1. 7,370 Posts.
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    I sold personally but hold in SMSF still, 5GN does not seem as expensive as UWL but my concern is downgraded and market commentary from CGL and SDA coupled with risk to downside given rises.

    I am no expert either but am thinking 5G could really hurt 5GN as they may lose high speed work which could be a higher margin area.

    5GN is a well run company it appears but more or less a dime a dozen IT house which is labour and cost intensive and does not possess much IP. Could still see $3 if they keep growing but these companies tend to get market cap to $300 to $500 if it goes well then hit the skids as they lose control.

    P.S as I sold likely to be a large acquisition and $2 soon
 
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Mkt cap ! $46.96M
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15.0¢ 15.3¢ 15.0¢ $55.87K 372.0K

Buyers (Bids)

No. Vol. Price($)
16 6571268 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 1853295 21
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Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
5GN (ASX) Chart
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