Ann: Trading Halt, page-11

  1. 2,296 Posts.
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    Well for small holders like me, the SPP has effectively valued my stock at 5 cents. If I sell today at 6.3 cents, I could repurchase the same amount at 5 cents, which represents a 26% arbitrage. The only question is whether the stock is even worth 5 cents?


    My average is just over 22 cents, making this the worst percentage loss I’ve experienced in any investment. I should have taken it more seriously, but I let it slide because the amount wasn’t significant, though 70% loss stings, as I shouldn't have averaged down, but sold up at a loss.


    Honestly, I feel that we, as investors, have been misinformed about the actual state of the sales pipeline. There’s talk of a $100M pipeline, but they’ve only secured a fraction of a fraction of a percent of that.

    So much so, I think it’s more than just a long lead time for uptake; in my humble opinion, it’s a fit-for-purpose problem. It’s like asking taxi and courier companies, "Would you be interested in safe, driverless electric taxis and vans?" They all say yes, and suddenly you claim a $1T pipeline of sales. However, if you can’t engineer and mass-produce safe, AI-driven electric vehicles, then your sales pipeline is just nonsens

    https://hotcopper.com.au/data/attachments/6429/6429183-a542e8e441e31958d29d9803ce0a50bc.jpg






    Last edited by FreeFromStyle: 03/09/24
 
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Last
3.1¢
Change
-0.002(6.06%)
Mkt cap ! $25.59M
Open High Low Value Volume
3.4¢ 3.4¢ 3.1¢ $11.45K 364.9K

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No. Vol. Price($)
1 88659 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 133777 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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