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
51.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 56.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 0.560 |
2 | 235 | 0.525 |
3 | 187000 | 0.520 |
1 | 3000 | 0.515 |
9 | 195497 | 0.510 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 800 | 1 |
0.520 | 115330 | 4 |
0.545 | 10742 | 1 |
0.550 | 21535 | 3 |
0.555 | 18090 | 2 |
Last trade - 09.41am 01/08/2024 (20 minute delay) ? |
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