Investment community is not convinced .
I have no choice but to hold , along with numerous others that participate in the float . We can only hope they a pull a rabbit out of the hat ,but somehow I don't see that happening very soon . I participated in the float with a longer term view as I believed in the company's future expansion and growth potential , as they are in a dynamic and flourishing industry . On this basis , along with broker recommendation , I thought at least the stock would hold par value and there would be slow but encouraging growth in share price and ultimately my investment would be realised , but this has not been the case. It is very disappointing that the company has stayed silent on how they propose to address this issue .The corporate news they have delivered to date, has not excited the market and this is reflected in the level of transactional activity ,in the respect of share trading , which is dismal .
They need to do more and quickly at that .
Perhaps they need to engage with the brokering community more actively and promote their business and future direction of same . Maybe they need to engage a marketing / branding company to sell their story- whatever, but do something rather than just issuing more notifications of escrowed shares being released.
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Last
71.0¢ |
Change
0.030(4.41%) |
Mkt cap ! $155.5M |
Open | High | Low | Value | Volume |
69.0¢ | 73.0¢ | 68.0¢ | $385.2K | 542.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54019 | 70.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.0¢ | 15877 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54019 | 0.705 |
3 | 27710 | 0.700 |
1 | 3910 | 0.695 |
1 | 3910 | 0.690 |
3 | 17586 | 0.685 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 15877 | 1 |
0.715 | 27281 | 2 |
0.720 | 3910 | 1 |
0.725 | 18910 | 2 |
0.730 | 6612 | 2 |
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