I think it's very obvious.
The main issue is the fall out from GovERP. Agencies are yet again under no pressure to implement solutions like E8. The SAP ECC extension also doesn't help, meaning ERP transformations are delayed again as legacy software are extended. See https://www.itnews.com.au/news/dta-buys-time-for-gov-agencies-to-migrate-off-older-sap-instances-615270.
Whether some agencies implement prior to that is up to chance.
Also I don't believe no one will buy the company in the current state. The amount of contracts and reputation 8CO has with government is worth good money.
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8CO
8common limited
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I think it's very obvious.The main issue is the fall out from...
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Last
2.4¢ |
Change
0.003(14.3%) |
Mkt cap ! $5.378M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.3¢ | $38.82K | 1.549M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 1876 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 0.022 |
1 | 50000 | 0.021 |
1 | 99970 | 0.020 |
1 | 263158 | 0.019 |
3 | 1050000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 1876 | 1 |
0.026 | 289500 | 1 |
0.027 | 300000 | 1 |
0.029 | 59000 | 3 |
0.030 | 166666 | 1 |
Last trade - 14.21pm 01/08/2025 (20 minute delay) ? |
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8CO (ASX) Chart |
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Ron Miller, Non-Executive Director
Ron Miller
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