in previous bear markets these type of zombie companies became valued at cash less the quarter ahead of expenditure (or sometimes even lower). So less than cash ( maybe a lot lower if the directors are sucking out the remaining cash balance ). So I wouldn’t use cash as a floor. Everyday that goes by the bank account is lower and markets are forward looking
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49
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Last
5.0¢ |
Change
0.003(6.38%) |
Mkt cap ! $2.992M |
Open | High | Low | Value | Volume |
4.8¢ | 5.0¢ | 4.7¢ | $3.058K | 62.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 159962 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 20709 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 159962 | 0.050 |
1 | 1739 | 0.047 |
2 | 120065 | 0.046 |
1 | 200000 | 0.045 |
1 | 22500 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 20709 | 1 |
0.055 | 226122 | 1 |
0.057 | 16325 | 1 |
0.059 | 40000 | 1 |
0.060 | 39924 | 1 |
Last trade - 13.18pm 28/06/2024 (20 minute delay) ? |
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