Market reaction at time of me posting this was 5,000 shares traded. Sums it up really.
This was always going to be a "move along, nothing to see here" result, already heavily flagged in previous updates.
The chase for revenue over profit rules the day at the moment. Doubt the share price will move upwards until the bottom line grows rapidly, or they get a takeover bid lobbed at them. Which could happen given the strategy of revenue revenue revenue is attractive to the big boys who already have big marketing machines and could absorb that cost easily. DYOR of course.
Ann: H1 FY23 Results, page-5
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $35.01M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.5¢ | $816 | 3.068K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 4347 | 1 |
View Market Depth
| Last trade - 10.54am 10/10/2024 (20 minute delay) ? |
| GDA (ASX) Chart |