In 3 years SUV managed to fall from a high of 18 odd cents to lower than current levels and only starting to slowly recover and then an announcement comes out advising a rather severe earnings downgrade coupled with strategy changes.
It seems more like SUV despite all the money spent on plant upgrades has not convinced the market that it is able to utilize the upgraded plant fully. Even from the latest announcement, management only now seem to have found 'renewed focus' on strategies that they 'learned' from 'studying' their markets - markets they should be specialized in and should have known even prior plant upgrades - a costly exercise that holders payed for and still are paying for as the sp still is at these dismal levels as sales remain sluggish at best. Not sure about jeeters letting go due to retardation. Perhaps they studied SUV's journey and see greener elsewhere. But then, perhaps there will be more 'green' here too soon with cement and all and hopefully add some revenue soon to the downgrade. AIMO
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Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $52.26M |
Open | High | Low | Value | Volume |
5.2¢ | 5.6¢ | 4.7¢ | $20.93K | 405.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7942 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 725867 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7942 | 0.052 |
2 | 85453 | 0.051 |
1 | 100000 | 0.050 |
1 | 41666 | 0.049 |
1 | 8088 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 725867 | 2 |
0.057 | 35000 | 1 |
0.059 | 390000 | 1 |
0.060 | 50000 | 1 |
0.062 | 198895 | 3 |
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