"Right now there is none". True, and hence the company can fail and become worthless. That is the risk with any new business.
I can understand an argument for buying based on chart. But, the problem is linking a natural pull-back to valuation and inherent risks. E.g. putting an argument saying the company may not sell enough machines or powder, and hence pull-back to XXX dollars. That argument applies at 1c, 10c, $1.80 or any other SP. It's always 50/50.
TTT chart thread, page-767
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Last
20.5¢ |
Change
-0.015(6.82%) |
Mkt cap ! $128.9M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.0¢ | $185.7K | 909.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 314653 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 135309 | 8 |
View Market Depth
| Last trade - 12.27pm 04/12/2024 (20 minute delay) ? |
| TTT (ASX) Chart |
