I've been keeping an eye on the company's performance since 2023, having a gander at the number of assigned tasks. To be honest, the past year or so hasn't really delivered any big surprises.
Now, if we look at the FY24 report, we're seeing a net cash flow of $1.181 million. But the partnerships with local Aussie media outlets alone are set to cost a whopping $11 million plus interest over two years. These deals are basically just a way of paying off advertising debts using stock options.
Despite all this, it's interesting to note that the RAAS Research Group has been hosting two Investor Webinars in just one month. I reckon they must have a reason for pushing the stock so hard.
While there's a possibility that the share price may increase, I'm not optimistic about the company's future prospects. As a result, I've made the decision to sell all my shares, even though it means taking a loss.
No matter what happens with the share price, I've called it quits with this company and I won't be looking back. I am happy with my new love APX, see u guys there.
DYOR
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30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $136.0M |
Open | High | Low | Value | Volume |
30.0¢ | 30.5¢ | 29.5¢ | $44.53K | 149.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 75877 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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30.0¢ | 3 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 75877 | 0.290 |
3 | 44740 | 0.285 |
5 | 162984 | 0.280 |
5 | 18180 | 0.275 |
20 | 452434 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 3 | 1 |
0.305 | 18027 | 2 |
0.310 | 414207 | 7 |
0.315 | 44000 | 3 |
0.320 | 105994 | 4 |
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