Nothing like incompetence and amateur management to stop positive momentum in this stock and turn what could be a good news story into another drop in the SP. He and his management should all be ashamed of themselves for a number of reasons, amongst these:
1) Not understanding that the ASX is not amateur playground and you actually have to drop news that has some integrity
2) Announcing there is something on the cards focusing on strategic partnerships and then releasing fluffy details
3) SP increasing and he had the entire month of July before releasing any news and then releasing with a week left in the month!
4) That last announcement - strategic partner doesn't want to or hasn't authorised the announcement and he has to to satisfy ASX!! Great way to build relationship with the Chinese.
5) Shorters now able to recoup positions instead of getting an a**e-kicking which we all want.
What a mess!! Lost a lot of faith in this guy.....hopefully the SP reverses since it re-commenced but imagine the shorters are having a field day.
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$8.33 |
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Mkt cap ! $2.490B |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
2 | 9135 | $8.32 |
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Price($) | Vol. | No. |
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$8.36 | 2699 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 120 | 8.310 |
1 | 600 | 8.250 |
3 | 2322 | 8.200 |
1 | 610 | 8.150 |
2 | 775 | 8.100 |
Price($) | Vol. | No. |
---|---|---|
8.370 | 5000 | 1 |
8.380 | 287 | 1 |
8.400 | 4235 | 3 |
8.500 | 600 | 1 |
8.550 | 1765 | 2 |
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