I'm out today also, while I can appreciate growth being slower than anticipated, the company isn't doing well keeping costs under control at the same time.
Every quarter for the last three quarters, the cash outflow has increased by ~ $1m, this is unsustainable and drastic action by the board is needed. I won't prescribe what I think they need to do, but it cannot continue.
This was a great and painful lesson I learnt as a newbie investor, good luck to all who remain holders, hope they can turn it around.
I'm out today also, while I can appreciate growth being slower...
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Last
$18.30 |
Change
0.300(1.67%) |
Mkt cap ! $351.7M | |||
| Open | High | Low | Value | Volume |
| $18.25 | $18.30 | $18.01 | $12.33K | 679 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $18.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 247 | 2 |
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| Last trade - 14.56pm 04/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |