The main reason is that selling TV channels , internet services isn't as "sexy" 3D printing , robots that build houses, carbon foam or micro quantum dotz.
Small caps like Nanosonics stayed under the radar for a long time before it rocketed and people who accumulated when it was in around 50-80 cents are now super rich. Just today was I was reading an article on Altium in the AFR, what a ride it has been for early backers - 17 cents to $9.
Similar case with Realestate.com.au- around 2005-2006 was below $1 and now $50.
To hit the big times, you only need 2-3 quality stocks and the patience to hold them. I feel IMO this is one of them. If management continues to deliver, it will be totally different story in the next 18-24 months.
What a steal, page-8
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.810M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212896 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 200000 | 1 |
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| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| SW1 (ASX) Chart |
Day chart unavailable
