I have been a holder for some time but post the AGM presentation and information given therein, I have decided to exit my position. I think valuation is tough with what essentially is a pre-revenue company but my concerns are around strategy and execution.
The lack of information suggests to me that either things are going well and information is only being disseminated to a handful of people or that certain areas are experiencing slower than expected progress. I agree you cannot just slap a label and expect it to sell but creating engaging marketing campaigns isn't as easy as it sounds. My feel is that there needs to be solid marketing expertise brought in-house or sourced asap, website looks generic, facebook page and instagram account are very bland too. On contrast take a look at BUB's.
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.24M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.1¢ | $6.332K | 282.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 276691 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 276691 | 0.022 |
6 | 3125974 | 0.021 |
3 | 850000 | 0.020 |
3 | 186631 | 0.019 |
2 | 110555 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 40000 | 1 |
0.024 | 830976 | 3 |
0.025 | 428891 | 4 |
0.026 | 833333 | 1 |
0.029 | 178572 | 1 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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