I tend to agree. I understand that the pivot from the last update was to achieve higher returns within 3-pillar (which is basically the three horizons strategy by McKinsey). But I feel there needed to be some runs on the board before the pivot happened. Nothing we can do about it, this is the contract we make when investing in a company. I'm hoping that we get some updates soon to slow down the hemorrhaging, although I'm not sure that will actually help too much.
The wider market sentiment and macro environment is very volatile and there are bigger things happening on the global stage impacting basically all equity markets. The fundamentals haven't changed since we were at $4+, in fact I believe they have improved.
I'm just really hoping that the fundamentals continue to improve, but nobody can answer that with certainty.
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Last
$1.94 |
Change
0.055(2.92%) |
Mkt cap ! $330.4M |
Open | High | Low | Value | Volume |
$1.89 | $1.96 | $1.85 | $333.0K | 174.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3105 | $1.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.95 | 7574 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3105 | 1.940 |
2 | 30000 | 1.900 |
1 | 4861 | 1.880 |
1 | 3000 | 1.850 |
1 | 30000 | 1.840 |
Price($) | Vol. | No. |
---|---|---|
1.950 | 7574 | 1 |
1.995 | 10037 | 1 |
2.000 | 8000 | 3 |
2.020 | 4000 | 1 |
2.040 | 2000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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RAC (ASX) Chart |