Might'n it be the lack of communicated progress by the company that is the cause of the state of the sp? In which case yes it is a strategy by the company to discourage shareholders to take up their rights because it is "apparent" that not much has progressed in how long?
I use quotation marks around apparent because some have had direct communication with the company and have been told progress is happening, unfortunately this has not been conveyed to the ASX.
Chart indicates that sp is approaching a very long term downtrend, hopefully this downtrend stops, but more importantly that this downtrend stops based on finding progress and not speculation.
gla KFE needs some luck, but more importantly some progress.
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.1M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.0¢ | $78.83K | 2.526M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 651529 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.031 |
9 | 5147878 | 0.030 |
4 | 826207 | 0.029 |
6 | 755912 | 0.028 |
3 | 457444 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 651529 | 3 |
0.034 | 118568 | 2 |
0.035 | 376000 | 5 |
0.036 | 452822 | 3 |
0.037 | 320000 | 2 |
Last trade - 15.57pm 25/07/2024 (20 minute delay) ? |
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