Mixed emotions continue....
Investment 101, Warning signal when a growth company stops growing. Not sure I can stomach the companies explanation.
Headwinds and reducing revenue due to seasonality (bolox). Are we not ment to be realising revenue from Pegasus? Even if the sector is in a seasonal lul it should still be contributing to our growth? We were not getting any revenue from bedding previously so are not exposed to any seasonal downturn.
I can't trust management's explanation. It's more likely that we are not getting traction with the market and it is being spun to us as a strategic move.
I can't get optimistic about this stock anymore. So time to look for the door.
Have set a stop for half my holding at 38cents.
I'll continue to hold some, because there is still opportunity, even if it is getting less exciting. If I was not a current holder, I would be watching AJX looking for a opportunistic entry point.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.74M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 334317 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 334317 | 0.011 |
4 | 4132035 | 0.010 |
3 | 511210 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1758914 | 3 |
0.014 | 363311 | 2 |
0.015 | 36316 | 2 |
0.017 | 106500 | 2 |
0.018 | 115942 | 2 |
Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
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