You are absolutely spot on . Who in his/her right mind will put a stop loss in an illiquid stock like SP3? At 25c ..its at 6 mil EV .. its as cheap as it can get . In 2014 when Telstra bought SNP Security's back-to-base alarm and security camera business they paid 60 million dollars and SNP's business was just an old boring CCTV camera business . In Sp3 , we are getting cutting edge tech , IOT , solar remote monitoring system where there is no Australian made competition . IMHO it should be valued way higher than SNP's CCTV camera business .
It's just a matter of time when news , contracts and numbers will start coming and people will start pouring their money into sp3 . Around 30c , there is a great margin of safety .
Cheers .
You are absolutely spot on . Who in his/her right mind will put...
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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 | 62385 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 649122 | 4 |
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| Last trade - 10.09am 04/12/2024 (20 minute delay) ? |
| SP3 (ASX) Chart |
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