As I said, no interest in adding another speccy punt at this stage.
If one day the business is profitable, and $1.50 represents a significant discount to value, and all my other criteria is met then I may choose to invest.
I have learnt long ago that the sort of downside risks inherent in micro cap, speccy punts is generally best avoided. I am happy to give up some upside as a price of mitigating catostrophic risk. Thats just my approach as an investor.
I always think its great there are lots of people who follow the narratives and put their capital at risk in these sort of businesses - otherwise it wouldnt be possible to invest in them in the later phases of their development! We all find our place in the market and our personal strategy.
Good luck to the holders, I was simply sharing my analysis of the business, I always find it helpful to read all thoughts about the businesses I am interested in.
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.942M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 63885 | 1.8¢ |
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 - 10.09am 03/12/2024 (20 minute delay) ? |
SP3 (ASX) Chart |
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