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28/03/18
13:18
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Originally posted by Doug Diamond
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... yes ... at a guess , when our SP passes Shaw & Partner's $ 1.95 target , the MC will be aroundabouts $ 175 million ...
Above that , we're bound to be included in the ASX 300 or something similar ... which will command institutions to purchase stock , impelling the share price even higher ... index funds are the gift that just keeps giving ( provided you don't actually invest in them ! ) ...
... but , I'll say this to Cynata watchers ... if you've sat back , and held off , because the SP has rocketed from 60 to 80 cents ... to 90 , a buck , $ 1.30 , and now mid one forties ... this company is at the forefront of a technology that could potentially push it's MC into a multi-billion $ status .... " potentially " being the operative word ...
If you believe in Cynata ... then it is still very cheap now .... very very early days in the share price run ...
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BDR is currently the 300th stock in the ASX 300 with a cap of $99,907,899. There are also liquidity rules you need to meet to get in