No offence, and only my opinion but the market is not responding well to business with negative profit.
I refer you to their report. Page 37 -section 4.3 on future outlook where ebitda is expected to be at breakeven by late FY18.
I am not saying the share price won't appreciate in this time, but for many investors positive profit is an important factor.
I don't see value at these levels and would probably be a buyer in the 50c to 65c range.
Chart, page-45
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $129.7M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $15.22K | 123.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 175663 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 23084 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 175663 | 0.115 |
5 | 216167 | 0.110 |
1 | 50000 | 0.105 |
2 | 205000 | 0.100 |
2 | 15111 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 23084 | 1 |
0.135 | 50000 | 1 |
0.140 | 43592 | 2 |
0.145 | 120000 | 3 |
0.150 | 146000 | 4 |
Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
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