The only way to save this stock from a takeover at sub 8c per share is for management to dramatically reduce expenses and get to genuine profitability (not adjusted /fake profitability). It will be painful for staff and management - just as the last 5 years have been painful for shareholders. However failure to do this means a highly dilutive capital raise at current share price (or a discount) or a takeover (at which point cost will be ripped out by the new owners anyway)
The only way to save this stock from a takeover at sub 8c per...
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Last
8.3¢ |
Change
0.001(1.22%) |
Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.3¢ | 8.2¢ | $741.6K | 8.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2673819 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 1218777 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| EVS (ASX) Chart |