Hopefully the company can achieve some level of organic growth in revenue and profits. Something they have been struggling to do for a while now.
If they can do that and manage the dangerously low net cash position, then I am sure the share price can rise from where it is today.
But given how things have gone over the past few years, I would think this is high risk and not helped by the high interest rate environment.
Ann: Half Year Financial Report and Appendix 4D, page-42
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11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $94.49M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.5¢ | $5.411K | 46.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53918 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 802497 | 21 |
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