The issue is you have to look at the value created, or not, by the money AW1 spends on their projects. So far it has been a lesson in value destruction. I'm a big believer in these projects. They have got serious potential. However, you can not keep throwing money at the projects when no value is being created, especially when the market conditions have been fairly favourable. Management has got to stop and think about what is going wrong? Why is the money spent on the projects not creating value? It should be creating value! They really need to stop, think, come up with a new approach to create value for us shareholders. At the moment Management is just doing the same old thing and hoping for a different result. You know the definition of insanity and all of that. Best result is a change of management and a big change to the Board. Really, these guys have got to go. Get someone in who has strategic skills and critical thinking. That will move the share price up.
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $72.47M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $76.10K | 548.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 278925 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 264821 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 278925 | 0.135 |
8 | 626250 | 0.130 |
8 | 630500 | 0.125 |
6 | 1312941 | 0.120 |
6 | 913261 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 264821 | 5 |
0.145 | 443503 | 10 |
0.150 | 796298 | 12 |
0.155 | 261000 | 5 |
0.160 | 471666 | 6 |
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