That's got to be one of the most unfounded, unsubstantiated and if not ignorant comments i think I've ever read. A company that - not shying away from it - is reliant on a CR or financing just to avoid bankruptcy, yet alone provide any scope for growth, and that has significantly taken to cutting back its own operations, should be worth 6-7x what it is now? Yeah sure, let's value something bleeding cash and that's on its knees with limited cash, at well over $10-15m. Please, come buy my (hypothetical) perpetually loss making business for that price if you'd like.
No, that is pure fantasy.
The only manipulation is at the investor mindset level. Many have convinced themselves that they're not responsible for their own lack of financial prowess and poor investment decisions. Nothing to do with people driving the price down whatsoever.
That's got to be one of the most unfounded, unsubstantiated and...
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $39.56M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $17.16K | 88.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10043 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 65005 | 3 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
19.5¢ |
Change
-0.005 ( 2.50 %) |
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| Open | High | Low | Volume | ||
| 19.5¢ | 20.0¢ | 19.0¢ | 8811 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| SWP (ASX) Chart |