Are we set up for a new 52 week low?
-Unimpressive sales <$1m
-Disappointing receivables $90k
-Cash burn that will see us raising capital or going to the bank in 6 months if revenue does not explode.
-Downgrading of 2016 expectations "potential of US$18.5M (baseline) of earnings.”
-Continuing with un-professional errors in announcements.
-Confirmation that NYSE listing is still in hand = dilution
Before anyone jumps down my throat, I'm not looking to down ramp. If the price does crash below $0.44 I'll top up, but being a long term holder the dilution associated with NYSE Listing doesn't sit well with me.
Cheers
New 52 Week Low?
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $15.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $4.212K | 408.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3043885 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 450000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AJX (ASX) Chart |