I sold mine this morning...rightly or wrongly. The result was a significant loss, but not worse than I was anticipating. The cash flow figures previously had indicated significant losses, and their turnover is good, suggesting they can trade profitably if they get costs under control. What worries me is the $1 million raise that they have "Firm commitments" for. How firm? If I'd made a firm commitment to buy a company at 28 cents, and they then release a result that sees the share price plummet, I'd be trying to walk away from the "firm commitment."
Reaper.
Ann: Appendix 4D and Half Year Report, page-3
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Last
8.0¢ |
Change
-0.003(3.61%) |
Mkt cap ! $77.60M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.3¢ | 8.0¢ | $130.7K | 1.601M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 313779 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 392621 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BET (ASX) Chart |