I don't know, but the most likely answer is that their products are nothing special and/or their marketing is limited. The company has never cracked Europe, Vietnam has been a damp squib, and China is falling short of expectations.
Don't get me wrong, however much money they've torched is probably a fraction of what the big boys have spent. But therein lies the problem.
More bad news, page-24
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $46.00M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $10.23K | 89.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 225524 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 12505 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| VMT (ASX) Chart |