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
$18.30 |
Change
-0.100(0.54%) |
Mkt cap ! $353.6M |
Open | High | Low | Value | Volume |
$18.50 | $18.50 | $18.21 | $40.23K | 2.201K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 509 | $18.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.46 | 894 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 509 | 18.200 |
1 | 55 | 18.020 |
1 | 500 | 18.000 |
1 | 5000 | 17.500 |
1 | 800 | 16.300 |
Price($) | Vol. | No. |
---|---|---|
18.460 | 894 | 2 |
18.480 | 25 | 1 |
18.490 | 25 | 1 |
18.500 | 288 | 1 |
18.590 | 52 | 1 |
Last trade - 11.23am 26/06/2024 (20 minute delay) ? |
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