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.
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $9.810M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $723 | 80.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 630361 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 139843 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 199996 | 0.013 |
2 | 691666 | 0.012 |
1 | 226370 | 0.011 |
1 | 100000 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 531250 | 1 |
0.018 | 462860 | 1 |
0.019 | 1000000 | 1 |
0.020 | 218562 | 1 |
0.021 | 70000 | 1 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
SW1 (ASX) Chart |