I owned this stock for 3 years and whilst I believe in the business plan, I recently sold my stock. What concerned me was the excessive number of "Announcements", many of which were not of a standard that needed to announced. It got to the point where I thought the next level of announcements was going to be they were going to start announcing the opening of an envelope.
I am aware of why coys need to make announcements and the need to promote the business, but petty announcements is a red flag to me that the management are under-performing and it is starting to look like they are perpetually "crying wolf". Hopefully they get out of this stage and start performing so the they become "investable" again!
I owned this stock for 3 years and whilst I believe in the...
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $454.7M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $2.351M | 9.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 212207 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 372207 | 12 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.5¢ |
Change
-0.005 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 25.0¢ | 24.0¢ | 7464422 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| BRN (ASX) Chart |