Fair point but if the share price keeps collapsing they won't be able to attract any investors to grow the company. Potential investors would be attracted to a SP that is on an upward trajectory as opposed to a SP that is on a downward trajectory.
Ann: 1H18 Results Presentation, page-15
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $83.41M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $1.859K | 10.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65592 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 59950 | 1 |
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| Last trade - 11.21am 22/08/2024 (20 minute delay) ? |
| FLN (ASX) Chart |