I sold last week, thank god.................should have sold a lot earlier. I burnt a lot of money here. The primary reason I sold is that I need the money for something else.
I like this company and I like the product, but
- It is obvious there soon needs to be a capital raise,
- Without SC decision in our favour the CR has to be less than current market,
- With SC decision in our favour (soon) and then capital raise the market price will obviously increase.
The only reason I can logically see for management holding off on a CR is they are banking on the SC decision being very soon.
Am I missing something ??
By the way if the price keeps going lower I will be tempted to buy back in again !!
Ta
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $163.4M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 42.3¢ | $423.9K | 969.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1275 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 10162 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1275 | 0.455 |
1 | 2275 | 0.445 |
1 | 5696 | 0.435 |
2 | 57863 | 0.430 |
4 | 28882 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 10162 | 1 |
0.415 | 2191 | 1 |
0.420 | 3966 | 2 |
0.430 | 735 | 2 |
0.455 | 83500 | 3 |
Last trade - 15.59pm 24/07/2024 (20 minute delay) ? |
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