Incorrect. Don't try to derail the theme of the thread here.
Thus far, the performance of the business has not been good at all.
Costs blow out more than anyone would realise (early investors would be well aware of). And the market has priced the stock accordingly, which may further re-rate downwards in my opinion.
There is no arbitrage here folks. The market has not mis-priced this thing. It was sold off and is now languishing for a very good reason. It is where it deserves to be. In fact, some could argue that it doesn't even deserve to be this high.
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Delist this whole thing and start again, page-23
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Last
4.3¢ |
Change
0.003(7.50%) |
Mkt cap ! $5.796M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.0¢ | $13.5K | 320.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35384 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 56964 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35384 | 0.039 |
2 | 75000 | 0.038 |
1 | 5000 | 0.036 |
1 | 28571 | 0.035 |
1 | 50000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 56964 | 1 |
0.044 | 105940 | 2 |
0.045 | 181915 | 1 |
0.047 | 250000 | 1 |
0.050 | 25000 | 1 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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HMI (ASX) Chart |