I dont know what these guys will say today .. notwithstanding
They have no money left, despite the cost cutting, program stagnation, innovation back pedal ... etc
The foray into a direct selling model in Europe looks like a very expensive dud, they are now talking licensing deals, just like 5 years ago
The costs associated with the US expansion are to much for the co to handle, so they are forced to stop, and do what, they dont say.
I have owned this stock a couple of times am presently pleasingly out.... I feel the only real hope for this outstanding product ( I have used it and its fantastic) was the USA, I have been sitting on the side lines for some positive news re the US, I just could not believe that they took so long to realise that they would have to stump up to get to the usa. That cant be a recent realization.... Really.
Disappointed or what, I really wanted to see new positive US news so that I could buy in again.
Management has a lot to answer for as they have been taking the big wages.
Ann: Appendix 4C & Quarterly Activity Report - 31 March 2024, page-2
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Last
47.5¢ |
Change
0.070(17.3%) |
Mkt cap ! $40.99M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 48.5¢ | 40.5¢ | $100.2K | 226.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
47.0¢ |
Change
0.070 ( 13.3 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 48.0¢ | 42.0¢ | 22835 | ||
| Last updated 15.58pm 29/05/2024 ? | |||||
| MVP (ASX) Chart |