Two terms, for the vendor receiving shares as payment: cash flow & going concern. Sorry if my opinion upset anyone, I don't intend to. Simply replying to @rama77 who I've never met in person but have since followed my investments and just giving him an update on ENV. Others can ignore my post but thank you for taking notice. My comments are not for you. It's possible for ENV to bounce right back very quickly but for the immediate future, those shares needs to be converted to dollars to pay for capex. It's just business 101.
Ann: Trading Halt, page-41
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $10.53M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $44.25K | 4.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246147 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4478787 | 7 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ENV (ASX) Chart |