Look at the company balance sheet, their losses are at $2M a year.
The company is growing, but their expenses are growing too. Employee benefit expense is $9.5M and other expenses are $4.8M.
For a microcap that is absurdly high. Current liabilities are also very high at $6.3M.
I dont know if they are negotiating from a position of weakness. Either way, management needs to step up.
Ann: Trading Halt, page-19
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Last
51.0¢ |
Change
-0.005(0.97%) |
Mkt cap ! $37.54M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 51.0¢ | $3.793K | 7.416K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1714 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 11500 | 1 |
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| Last trade - 15.48pm 15/11/2024 (20 minute delay) ? |
| PRO (ASX) Chart |