I am not disagreeing with you re potential but the stock price was halved the first day of trading and has not recovered, if anything ,has gotten worse . Some 9 months later, the directors have not been able to to get the share price anywhere near par.I would have thought ,the retention of shareholder value would have been a priority , given these participants have provided the funding to keep these people employed to deliver investment growth - isn't this what it is all about ?
Investors will look at liquidity and data to date, to evaluate whether to take a position and neither are looking anything but dreadful, thus the lack lustre interest in the stock . You may find it remarkable that people judge a stock by share price , but this is reality - there can be no denying it .
Don't get me wrong , I am a holder and should have done better research before participating in float but relied on my PAST broker's advice , so only myself to blame -worst investment I have ever made . Luckily I only put a small amount on the table . I can only hope to at least get my money back and I am out , either way a long term investment as I cannot see any light at end tunnel for quiet a while .
You can twist it what ever way you want but the share price tells the story .
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I am not disagreeing with you re potential but the stock price...
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Last
63.0¢ |
Change
0.055(9.57%) |
Mkt cap ! $135.5M |
Open | High | Low | Value | Volume |
60.0¢ | 63.0¢ | 59.5¢ | $809.2K | 1.316M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2050 | 62.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.0¢ | 90929 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2050 | 0.625 |
1 | 13472 | 0.620 |
4 | 16352 | 0.615 |
5 | 39658 | 0.610 |
3 | 40762 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.630 | 90929 | 5 |
0.635 | 73283 | 4 |
0.640 | 159724 | 4 |
0.650 | 99382 | 4 |
0.660 | 3225 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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BIO (ASX) Chart |