After owning this for a while, my feeling is there is way too much spin in this company. The big story investors fell in love with here is "Baby Promedicus!" That didn't work out too well for others touted to be the next big thing.Inside ownership is very poor. I love the way Mike Lampron exercises his options of .17c and at the same time sells the same amount of shares on market! The spin on confidence to achieve 30 mil + sales from a dismal quarter will put pressure on the next few quarters to really outperform, particularly hard in a deteriorating macro backdrop. Ill watch from sidelines after the next quarterly.
Putting it all together Im happy to donate my shares next week to someone who is more in love with this story.
Ann: Quarterly Activities/App 4C Business Update, page-10
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Last
53.0¢ |
Change
-0.010(1.85%) |
Mkt cap ! $127.8M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 56.0¢ | 53.0¢ | $143.0K | 261.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42770 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 20901 | 1 |
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| Last trade - 15.59pm 15/10/2024 (20 minute delay) ? |
| M7T (ASX) Chart |