The problem is that the margins are too thin and the prospect of profits falling is not appealing.
When you make such little profit on their current turnover the smallest thing such as two days off line or currency moves can impact badly on their performance.
They are simply always sailing too close to the wind. For example, they can't afford a shareholder investment advisor - just get rid of a board member and we can afford one. The fact we have to even consider this is a complete worry.
Clyde
Post Consolidation- WORSE OFF, page-59
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Last
39.5¢ |
Change
0.015(3.95%) |
Mkt cap ! $28.33M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 41.0¢ | 38.5¢ | $612.3K | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 552992 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 3270 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| QHL (ASX) Chart |