These shares are so closely held that is why it is low volume. The major shareholders and institutions have no way of getting out - who would buy large quantities bar the major shareholder?
I disagree that things have turned quickly - that is what mangement is all about: understanding the challenges of your business and putting in place strategies to mitigate and telling the market as soon as you are aware. The current CEO has been there a while now - more than 12 months is more than enough time to "put your feet under a desk".
How can the introduction of a new ERP system assist in managing this downturn in any way? How much money is the implementation of a new ERP system costing a business that is facing such a serious downturn? And based on the cycle of business - the second half of the year is much weaker than this half - so results could be even worse second half.
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Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.62M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7172 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 820 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7172 | 0.075 |
1 | 4828 | 0.074 |
2 | 41172 | 0.072 |
1 | 50000 | 0.071 |
4 | 161608 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 820 | 1 |
0.085 | 50000 | 1 |
0.110 | 24674 | 1 |
0.130 | 300000 | 1 |
0.150 | 11919 | 2 |
Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
PPG (ASX) Chart |
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