Are you serious? They are generating millions in revenue per year and have done 1 small cap raise in that time and possibly may not need another if they secure a debt facility!
This is not an explorer, this is a legitimate product business that has shown growth for the last few years and is also now showing their path to being profitable. Not as fast as I would like but look at the graph below. Receipts constantly increasing and hopefully that red line will approach the break even point in the next 6 months.
If you think a stock like this is game over, I would really suggest you stay away from any small/micro cap < 100 mil.
Management and Board have been stable which is great.
PAC partners as Von has clearly highlighted i nearly every post are simply pathetic!
I have easily been able to get in contact with management multiple times and had very pleasant discussions. I am happy to keep my cash in companies like this 1ST, DEM, QEM, CG1 and TNt which have not done so well but i can clearly see the path to profitability and it is easy to get in contact with management and get a concise answer. I have dumped many stock in the past year where this is not the case (EXL, ZNO, KYK, E2M, CPH)
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $4.942M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $3.486K | 205.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45460 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 649122 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 260900 | 0.017 |
4 | 1222190 | 0.016 |
1 | 20000 | 0.013 |
1 | 50000 | 0.010 |
2 | 200000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 100000 | 1 |
0.019 | 162000 | 1 |
0.021 | 203398 | 1 |
0.022 | 109551 | 1 |
0.023 | 700000 | 1 |
Last trade - 12.33pm 27/11/2024 (20 minute delay) ? |
SP3 (ASX) Chart |