the 10-1 consolidation (10c to $1) was proposed at the AGM 2014/2015 as a means to attract large INSTOs
in hindsight, it was a signal to sell as is usually the case.
Those who held on took massive capital losses of 90%+
Now they are back at 5-6c after all this and still alive with triple the revenues and products.
With no debt, $20M cash and $30Mpa revenues and INSTO support plus Forrest as major holder still, its looking way better,
Prior trading zones were 30c to $1.70 then 20c to 37c
Its worth a punt as the trading zone may now be stabilised to 5c to 8c, annual low of 4.8c is done imho,
maybe a run 8c-16c is possible again if there is good news and strong revenue flows as predicted.
Big gap on close 5.8-6.4c with light volume yet again on the match and on daily volume.
Volume of 7M daily is now long gone. thats a positive. Still risky until CRs all done and finalised.
We need to see a BOD cleanout and large holders taking control again.
We are back to the past here.
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Last
$18.80 |
Change
-0.090(0.48%) |
Mkt cap ! $360.0M |
Open | High | Low | Value | Volume |
$19.01 | $19.11 | $18.73 | $16.00K | 844 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 700 | $18.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.94 | 456 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 700 | 18.650 |
1 | 25 | 18.590 |
2 | 475 | 18.580 |
1 | 25 | 18.560 |
1 | 1000 | 18.550 |
Price($) | Vol. | No. |
---|---|---|
18.940 | 456 | 2 |
18.950 | 122 | 2 |
18.970 | 26 | 1 |
19.000 | 18 | 1 |
19.120 | 16 | 1 |
Last trade - 11.49am 19/06/2024 (20 minute delay) ? |
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