It's just that it's an illiquid stock so any trades move the price up or down drastically in percentage terms.
It's currently worth 0.35% of its IPO price from exactly 10 years ago and would need to go to $100 per share for original investors to breakeven due to the 100:1 consolidation. With all of the selective dilution management has created by issuing millions of shares to their mates do that their salaries can be paid it's clear that this can never happen.
One thing is for sure: the parasites that are the management of this company will manage to cause shareholder wealth destruction one way or another. They've been consistently doing this for years.
Ann: Company Update Favourable Resolution on Biodiesel Excise, page-14
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Last
9.5¢ |
Change
0.002(2.15%) |
Mkt cap ! $35.89M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.6¢ | 9.5¢ | $30.63K | 322.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 411024 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 234495 | 3 |
View Market Depth
| Last trade - 14.51pm 27/06/2025 (20 minute delay) ? |
| TEK (ASX) Chart |