It was fine in the scheme of things. Anyone selling today had no idea about this company really, so good to see these traders gone and creating an opp for investors to accumulate. Stock averaged 5.5-6cps in 1H18 so current price bargain of 6.3cps gives almost no value for the 3yr order juat announced.. which btw is already in motion (year 1 = FY19).. wait for the placement to settle so the micro funds can start sharing the story with peers and their own investors.... that will raise tha co profile and market awareness... the fact that micro funds got involved at $30m mkt cap is rare and reinforces the high potential of the business.
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Change
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Mkt cap ! $4.737M |
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