Lots of varied opinions.
Personally i think its quite obvious that a strong bounce is coming for the following reasons.
We have moved down over very low volume.
The rollouts for Capricorn and Ebev are set to kick off next quarter and they dwarf our current ability to earn revenue significantly.
Agri has been axed for now which means a significant reduction in costs should be seen in the upcoming quarter.
EOFY selling and the last 4c result in my opinion opened up a window to push down the shareprice before significant news arrives in the upcoming quarter.
The biggest being completion of DSD and start of the rollout to Capricorns network.
That is as of last report on target. Very exciting.
The SP is horrible at present but i dont expect it to remain that way once things kick off, quite the opposite.
We will all find out soon enough, next quarter approached.
I highly doubt Capricorn would have chosen Spenda nor invested so heavily after having independent auditors clear everything first though. They got the green light from the auditor's as well as having a 20yr working relationship with AF.
With such a deep background knowledge you would think by now Capricorn/Mastercard/Visa/AirPlus or someone would have cottoned on and raised the alarm.
The only alarms i see are from a bunch of usernames here.
Still very much looking forward to Capricorn kicking off and certainly not the only one.
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Mkt cap ! $43.24M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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9 | 1090652 | 0.009 |
16 | 9979414 | 0.008 |
11 | 8341133 | 0.007 |
6 | 3283500 | 0.006 |
4 | 1960000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4190639 | 13 |
0.011 | 4990818 | 8 |
0.012 | 10975728 | 14 |
0.013 | 3637067 | 6 |
0.014 | 724500 | 5 |
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