Interesting proposition, if the sale goes through bringing their cash balance to around 4.5-5 mill, the market is currently valuing their expense8 software which has existing clients and growing revenue at less then Zero.
The liquidity on this one could scare a few investors away, it dropped from a close of 8.9 cents to 4.1 cents over the course of roughly 2 months with a cumulative volume of 102 420...lol
Only 16 804 shares have traded under the 5 cent mark.
Seems like a decent risk reward trade off to me at the current price, little down side risk with the expected cash backing from the business sale.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.067M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 62100 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62100 | 0.040 |
1 | 66500 | 0.037 |
1 | 876 | 0.036 |
2 | 30800 | 0.034 |
1 | 100000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 15000 | 1 |
0.045 | 84315 | 2 |
0.055 | 38000 | 1 |
0.068 | 144001 | 1 |
0.080 | 133047 | 1 |
Last trade - 19.00pm 29/03/2024 (20 minute delay) ? |
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