Moribund

I think that the woeful state of the bidders/sellers says it all today.
One potential buyer in the market for a whopping $24.70c' worth of shares; one potential seller hopefully trying to get rid of their (probably) last 55k shares at a speculative 20% above market value!
I assume that the buyer found some loose change in the sofa and the seller needs a new iPhone X for xmas.
I can't see the stock rebounding in any meaningful way any time soon.
The lack of an announcement of a commercial deal by yesterday triggered, I presume, the 40% cut in the CEO's monetary package as required by the Mandate.
12 days to go to the AGM.
That should be pretty interesting.
Such a shame as it looked to have potential with the Australian Post deal, but I think Bocholt nailed it: A lack of understanding of the market resulting in a product that nobody seems to want or need.