the 10-1 consolidation (10c to $1) was proposed at the AGM 2014/2015 as a means to attract large INSTOs
in hindsight, it was a signal to sell as is usually the case.
Those who held on took massive capital losses of 90%+
Now they are back at 5-6c after all this and still alive with triple the revenues and products.
With no debt, $20M cash and $30Mpa revenues and INSTO support plus Forrest as major holder still, its looking way better,
Prior trading zones were 30c to $1.70 then 20c to 37c
Its worth a punt as the trading zone may now be stabilised to 5c to 8c, annual low of 4.8c is done imho,
maybe a run 8c-16c is possible again if there is good news and strong revenue flows as predicted.
Big gap on close 5.8-6.4c with light volume yet again on the match and on daily volume.
Volume of 7M daily is now long gone. thats a positive. Still risky until CRs all done and finalised.
We need to see a BOD cleanout and large holders taking control again.
We are back to the past here.
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Last
$15.40 |
Change
0.310(2.05%) |
Mkt cap ! $325.5M |
Open | High | Low | Value | Volume |
$15.57 | $15.84 | $15.15 | $452.1K | 29.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $15.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.40 | 2886 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 15.150 |
2 | 273 | 15.090 |
1 | 26 | 15.020 |
1 | 15 | 15.010 |
2 | 832 | 15.000 |
Price($) | Vol. | No. |
---|---|---|
15.400 | 2886 | 1 |
15.580 | 500 | 1 |
15.660 | 1652 | 1 |
15.940 | 554 | 1 |
15.950 | 848 | 2 |
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