I think the share price was propped up over the last year based on the possibility of an 80c takeover.
Now that the takeover is not happening, the share price has reset to a more realistic price based on the fundamentals.
If anything it should go lower based on the lack of growth.
Ann: Corporate and Business Update, page-97
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11.0¢ |
Change
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Mkt cap ! $78.82M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $150.2K | 1.370M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 963325 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 825419 | 12 |
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