I have been involved in too many IPO's to remember over the last thirty years plus and very few recover quickly after such a dismal listing. I sold because I would rather deploy my funds into something which has better prospects.
Of the few that have recovered management arrested the decline by aggressively getting on the phone ringing the seed sellers to ascertain their intentions, kept the top 20 updated and most importantly tried to find buyers to cross the selling lines up with.
None of this has occurred to my knowledge and I personally know a number of larger holders. If management want to play the "we dont care about the share price" card or as the peanut of a chairman said "it is what it is" then stay private and dont go to the public for funding.
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Last
63.0¢ |
Change
0.055(9.57%) |
Mkt cap ! $135.5M |
Open | High | Low | Value | Volume |
60.0¢ | 63.0¢ | 59.5¢ | $809.2K | 1.316M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2050 | 62.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.0¢ | 90929 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2050 | 0.625 |
1 | 13472 | 0.620 |
4 | 16352 | 0.615 |
5 | 39658 | 0.610 |
3 | 40762 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.630 | 90929 | 5 |
0.635 | 73283 | 4 |
0.640 | 159724 | 4 |
0.650 | 99382 | 4 |
0.660 | 3225 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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