Whilst I am extremely disappointed in our share price particularly as I am in at 25 cents and have been for nearly 3 years . The fact that building a business such as this one is not always easy , breaking new ground etc . If you take out the 1.5 million in investment in Crowd Media we would have actually made $800 K profit . Now if you take out the investment of $1.5 million in crowd media we would not have created income of $1.5 mil either , but this investment is geared to the future , as I have said on another stock forum "Rome was not built in a day" , but it did get built . I argued a long time ago , who really gives a hoot about debt as long as you can repay it over a term , All companies have debt of some sort . Their net debt is now minimal . If they had an overdraft facility of $3 to $5 million no one would know in stead of having a convertible note . What is more important here , is are they making money and where their future profit will come from , the growth in Crowd Media will out strip both other divisions , it has been necessary to have these divisions to be able to build upon what is known in marketing terms as the "Shooting Star " . Would be great to have spare cash at these prices . Would be quite happy to invest for the future and average down .
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.90M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $3.822K | 294K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4378333 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 2663574 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4378333 | 0.012 |
10 | 2416776 | 0.011 |
7 | 2373000 | 0.010 |
4 | 1800000 | 0.009 |
2 | 1120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 2663574 | 8 |
0.015 | 1196269 | 7 |
0.016 | 660000 | 2 |
0.017 | 1292273 | 6 |
0.018 | 262679 | 2 |
Last trade - 14.13pm 12/07/2024 (20 minute delay) ? |
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