That's down to approx $900k now.
And that's the challenge I have with trying to value this. They are talking up accounting profit because new cash sales over the past 6 months has been lacking.
It seems they are managing costs well which is nice for a small cap wanting to grow rapidly (all too often exciting small caps forget about cost management). However low new cash sales last 6 months, ±$50m market cap at current prices, my risk profile needs to see more traction even tho the story is nice.
MJS
That's down to approx $900k now. And that's the challenge I have...
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.241M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80500 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1937 | 1 |
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| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| ZNO (ASX) Chart |
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