I've been thinking along similar lines, adding here and there, particularly under 1c.
The stock has had a long and chequered history, to say the least, but when they divested the Miggster business there was then the opportunity to make a fresh start with a completely new venture - they chose instead to keep their South African MNO business and have since expanded into the Pacific Region, via an acquisition, so they must see potential, or what's the point?
I was pleased to see the quarterly cash position maintained and look forward to news of increasing and self-sustaining revenue.
I think it's unlikely that management intends to sit around and fritter away the cash; under 1c it's reminiscent of the early days of their involvement, let's see where this goes next - it won't take a lot, as others have pointed out, for a half-decent recovery, IMO, at least to cash backing, plus a recognition of their established business.
B22.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.35M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $18 | 2.036K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 8495000 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 3805089 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 8495000 | 0.007 |
9 | 8133702 | 0.006 |
4 | 1160000 | 0.005 |
3 | 6300000 | 0.004 |
3 | 1900000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 3805089 | 11 |
0.010 | 3215986 | 8 |
0.011 | 3175500 | 3 |
0.012 | 800606 | 2 |
0.013 | 123000 | 1 |
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