A smaller raising at 2 cents would have been more sensible.
Management got greedy and I the temptation to secure their annual salaries for another few years got the better of them. But they destroyed a lot of value and good will in the process.
It now makes any increase that much harder as there is a lot more "baggage" to overcome.
If you want to see a good example of a stock that has a lot of "baggage", check out BCC. It's a very good stock with great prospects but their management keeps raising lots of money in some pretty creative and weird ways. Too many holders are sitting on losses or sideways movement for years on end and eventually most of those will sell on any sign of upward movement.
I hope ANP is different and there are some line wipers ready to buy based on any agreements or positive trial results - but it doesn't look great at this stage. I broke one of my golden rules entering this stock and I have learned a good lesson from it. The lesson get's more painful and costly each day it seems........
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Last
8.2¢ |
Change
0.002(2.50%) |
Mkt cap ! $73.92M |
Open | High | Low | Value | Volume |
8.0¢ | 8.2¢ | 7.9¢ | $16.80K | 210.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 31992 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 0.079 |
2 | 60000 | 0.078 |
2 | 114144 | 0.077 |
2 | 46800 | 0.075 |
1 | 100000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 31992 | 1 |
0.084 | 100000 | 1 |
0.085 | 136669 | 3 |
0.086 | 33375 | 2 |
0.087 | 531562 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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