SP3 0.00% 1.7¢ spectur limited

What could it be worth? Here are some numbers, page-21

  1. 620 Posts.
    lightbulb Created with Sketch. 26
    This stock tends to get pushed around by the marginal money because it trades on relatively low liquidity - daily avg only 80k shs.
    And its something you need to accept if you want to be a holder of this stock - there is no point in obsessing over every 10c swing in price.
    The company is early-stage, on a roll out & the question you need to ask yourself if you want to accept that risk for the potential rewards?
    The fact is it's going to take at least a few more quarters to judge how their strategy is unfolding.
    IMO you need to judge each stock on its merits & for me this is not a trading stock but one to sit with because IF they get it right the SP could be a multiple of what it is now.
    I've been involved since seed & so far the company has delivered on its promises & I'm content to sit & let it play out further.

    Looking at the SP, the catalyst for the recent fall appears to have been the SPP & listing of the options, as well as the general soft market for small-caps. I expect to see this loose stock absorbed in this lower-half of the range.

    Lastly thin liquidity can work in your favour when things go right - K2F is a good recent example
 
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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
View Market Depth
Last trade - 16.12pm 29/11/2024 (20 minute delay) ?
SP3 (ASX) Chart
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