I think on a balance of probabilities this company is going to survive. If it does and continues to win contracts and get the utilisation of the fleet up to normal levels (80%+), then these shares are going to worth a lot more than 28c in 6 months to 1 years time.
I am cognisant that it is a punt, but I don't believe the management are going to let this one slide into administration. This is a fair business that can prosper again at a very cheap price. I would like to see the directors should buy some more stock though. (like WDS)
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.558M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $442 | 176.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 20322242 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 4567020 | 6 |
View Market Depth
| Last trade - 10.00am 20/06/2025 (20 minute delay) ? |
| AUK (ASX) Chart |