It’s up to holders to decide wether to trust tour company management. As an outsider looking in, the current financial figures does not look good. They could technically trading insolvent, if cannot secured bank finance within the next two months. Some kind of instis placement is required to raise emergency funding for operational expense. It’s not a complete surprise if management is talking to instos atm, which triggered the sell off this week. I looked at it today as a request from a friend for a risk assessment. My findings are not very encouraging. Gluck.
It’s up to holders to decide wether to trust tour company...
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $17.80M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $7.182K | 190.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 938658 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 12165 | 1 |
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| Last trade - 15.13pm 13/09/2024 (20 minute delay) ? |
| CAN (ASX) Chart |