Hi Schmucky. Thanks for your thoughts. I just have a question - given the company will have $10m in the bank and a business worth, according to the directors, $5.7 million, why do you think the business will trade at 12 cents?
($10m + $5.7m) / 170.5million shares = 9.2 cents.
Given the company's warnings about "weaker sales" and "economic headwinds", I am not as upbeat as you and wondered if I was missing something?
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Last
8.6¢ |
Change
-0.003(3.37%) |
Mkt cap ! $14.65M |
Open | High | Low | Value | Volume |
9.5¢ | 9.6¢ | 8.6¢ | $59.9K | 665.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 46769 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 10271 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 46769 | 0.085 |
1 | 36595 | 0.082 |
2 | 100350 | 0.080 |
1 | 2500 | 0.078 |
1 | 7792 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 10271 | 1 |
0.095 | 2280 | 1 |
0.096 | 126786 | 2 |
0.098 | 634791 | 1 |
0.100 | 788991 | 2 |
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