If there is no potential substantial upside, why bother holding this pile of crap?
It has done nothing for holder but losing money and diluting wealth in the past decade. Even Warren Buffett would have ran out of patience with them by now.
2009 Market cap - 100 mil
2019 Market cap - 100 mil
Imagine you put your money in dumbest investment - fixed deposit account, you will definitely have done better than this without all the nuisance and hearing lame excuses from management. 10 c might have already been too generous.
Management should bow down to holders and sincerely apologize instead of demanding ever increasing larger pay package.
2010 corporate overhead - 7.2 mil
2018 corporate overhead - 28 mil
A monkey could have done a better job and cost less to employ.
If there is no potential substantial upside, why bother holding...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $119.2M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.0¢ | $939.7K | 5.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2052300 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 396108 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CCV (ASX) Chart |