The counter to this is that they are still not cash flow positive and it doesn't look like they will be for a period of time unless they see a step change in sales. Their current and new tech could achieve this, hence why I'm invested, but once that occurs or looks likely to occur I think the SP will take care of itself.
I think the market is in the point of the cycle where evidence of earnings is more important than it has been previously.
The counter to this is that they are still not cash flow...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.942M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138880 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 649122 | 4 |
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| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| SP3 (ASX) Chart |
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