Pretty lousy update. Not much happening. If they reduce their expenses they will get to profitability fairly easily which is reassuring. The first step is refocusing on what's important. I still think they spent way too much on Contact Light app development. Something that could be made on Freelancer for not much more than $10k.
Let's see what they pull out of the hat next. On an EV basis they should be at $20 million for their current assets/contracts.
Ann: 2017 Company Update & Outlook, page-2
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Last
1.7¢ |
Change
-0.002(10.5%) |
Mkt cap ! $4.559M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $6.359K | 364.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 555858 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.2¢ | 268754 | 1 |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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1.8¢ |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 12420 | ||
| Last updated 13.36pm 15/05/2024 ? | |||||
| MXO (ASX) Chart |