Could be heading towards the low $0.20's now.
This is what happens when so much time has been wasted on stuffing around & not moving rapidly towards producing a cash flow. I rabbited on Ad nauseam more than 12 months ago about the need to move with greater haste for fear the cycle will turn out of favour.
Get the finance bedded down & get into production asap to start producing cash flow. When the cycle turns in to one of fear then obtaining finance can be become near impossible. History is littered with projects that missed their chance. They then sit there unloved until an opportunist comes a along. Picks them up dirt cheap & reaps the rewards.
I seriously hope the major holders throw their weight behind J.S & give him operational control.
Ann: Quarterly Activities Report, page-33
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10.5¢ |
Change
0.006(6.06%) |
Mkt cap ! $61.01M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $13.57K | 133.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 205145 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 9000 | 1 |
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| PEX (ASX) Chart |