Thanks for the generous update. Much appreciated!
Yes, there is clearly someone selling out which would put buyers off - just sit on the sideline and wait unless wanting a big parcel. I bought in before realising this.
Difficulty is that the long term story is not exciting - distribution is notoriously hard yakker and, if you find a product worth distributing, either larger retailers move in with an alternative or the manufacturer decides to distribute direct. So they need to demonstrate that they have developed a niche of some kind and can successfully defend/grow it.
The half year result and likely dividend seem very attractive still, so hope that will be enough to attract some larger buyers, or at least put a floor under the price.
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.64M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 18.5¢ | $1.98K | 10.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 86122 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 31796 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 86122 | 0.180 |
2 | 12500 | 0.160 |
1 | 10000 | 0.155 |
2 | 50006 | 0.150 |
1 | 4183 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 31796 | 1 |
0.190 | 226620 | 6 |
0.210 | 5210 | 1 |
0.225 | 14985 | 1 |
0.250 | 1616 | 1 |
Last trade - 10.43am 11/10/2024 (20 minute delay) ? |
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