I think Ive outlined pretty well the reasons why Im wanting to get out throughout this thread.
The directors have a questionable past. Including questionable auditing of the books which your basing the assumption that the business is growing off.
If the business is growing , why is the share price been constantly sliding? If they have 28.8 million of cash in bank last november, why did they need to do a capraise of 3.5 million at lows?
If the value of the business is 10 times higher as you say, dont know how you randomly come to this amount, but how come the share price has been constantly sliding down since August last year, before any of the market crash occured, if its worth 10 times more surely the price would be going up?
I dont want to own the stock anymore, and have been pretty transparent here, that I will get out from 19-20cents, if I can. I have 500k to offload at these prices. Good luck to you and anyone that buys, just too many red flags for me.
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $15.89M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 13.0¢ | $19.53K | 146.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 119148 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 4149 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 119148 | 0.130 |
2 | 210000 | 0.125 |
2 | 94000 | 0.120 |
1 | 8695 | 0.115 |
1 | 30000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 4149 | 1 |
0.140 | 231878 | 4 |
0.145 | 134500 | 4 |
0.150 | 50000 | 1 |
0.155 | 45570 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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