I hope and trust Shane from FTI is reading this, and relaying it to management.
Firstly, we hold this stock because we think there is significant upside. But clearly, this delayed gratification gig is wearing thin, and the stock is getting munched daily. And more importantly, the looming CR is an issue, and once sentiment reaches tipping point, fear of the inevitable will become the inevitable, and there will be an almighty run for the door. So there is limited time to get some results out.
I cannot stress to management strongly enough the need to carry out the next CR via an entitlement issue if the stock price is at these levels. If cheapies are going out the door to instos (other than those that still hold from the last CR), retail shareholder loyalty will be shot.
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.00M |
Open | High | Low | Value | Volume |
4.0¢ | 4.2¢ | 3.9¢ | $12.09K | 305.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 145000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 123849 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 145000 | 0.038 |
2 | 700000 | 0.037 |
1 | 125000 | 0.036 |
2 | 537680 | 0.035 |
4 | 835000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 123849 | 1 |
0.043 | 1630000 | 2 |
0.046 | 46559 | 2 |
0.047 | 72500 | 1 |
0.050 | 35001 | 2 |
Last trade - 15.36pm 16/08/2024 (20 minute delay) ? |
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NOR (ASX) Chart |