i agree things can pickup.
Due to the lack of success overseas and slow burn to get revenue in the stock turned from we will price you based on a level of success that hadn't yet materlised across too. Prove it and we will price you back to a higher multiple......
The latter should materlise in the coming 6 months we all hope.
So clearly the market lost trust, you can add in the re-rating of stocks due to interest rates was a factor but it was mainly self inflicted it appears. I think they would of learnt alot the last 12-18 months. They are in a much stronger position than the SP reflects.
i agree things can pickup.Due to the lack of success overseas...
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Last
25.5¢ |
Change
0.005(2.00%) |
Mkt cap ! $106.4M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $15.41K | 60.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60000 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 7903 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
25.5¢ |
Change
0.005 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 25.5¢ | 25.5¢ | 25.5¢ | 3560 | ||
| Last updated 14.38pm 08/05/2024 ? | |||||
| CCR (ASX) Chart |