I didn't have a problem with growth being slower however the trade off should have been to remain sustainable. To be sustainable you have to have cash and management simply have failed to do this. On top of that they put the last 4C out with less than a quarter of cash remaining and absolutely no plans announced for operations going forward. It's quite difficult to have faith in management at this juncture.
I'm not saying that to down ramp or scare other investors. It's just the facts.
Ann: March Quarterly Activities Report, page-354
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Last
0.9¢ |
Change
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Mkt cap ! $9.920M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 0.8¢ | $111.1K | 12.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3564315 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 693166 | 2 |
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| OVT (ASX) Chart |