From past commentary of the chairman ( who should resign ) it gives me little confidence that anything happening to address the dismal share price performance . They got the money they needed in IPO , pays wages and keeps them employed , but it will run out eventually and good luck trying to get investors back for a raising . Unless they are able to entice some small fund managers to invest in the company and get some liquidity , they can make an announcement every week and I am afraid the share price will still be dismal , to much cheap stock overhang .
Just a disaster .
Ann: FY23 Trading Update, page-7
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Last
67.0¢ |
Change
0.060(9.84%) |
Mkt cap ! $146.8M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 69.0¢ | 64.0¢ | $608.9K | 915.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 441 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 9000 | 1 |
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| BIO (ASX) Chart |