The kings of bluff can’t hide behind no revenue and significant costs. This company is in real trouble IMO.
best outcome is probably more smoke and mirrors to get SP up and fire sale exit to save face. A capital raise might be difficult in the crowded space and more dilution will put further downward pressure on SP. Seems all their deals have virtually no credibility or follow through with revenue as promised.
I expect this to tank badly unfortunately.
Ann: March Quarterly Activity and Cashflow Report, page-12
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.58M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 30.0¢ | $2.567K | 8.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47481 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 8026 | 2 |
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| Last trade - 15.53pm 21/06/2024 (20 minute delay) ? |
| RGT (ASX) Chart |