Come on, nobody in their right mind would try to takeover this POS.
Why? The business isn't generating any profits. More importantly, this company has NO PROVEN TRACK RECORD of major contracts or growth in business. It just has scraps from here and there.
Long term holders, significant SH (super-funds/university) all went in much earlier on. They are not bothered by this tiny company in their portfolio. They have bled too much and its more economical for them to keep it on their books rather than a T/O option. They would rather see this company be bankrupt than to do 'cut loss' with that said T/O.
Anyway, I'm still saying this POS with Mark & Co. has successfully distracted and given false hope to ignorant SH (new+old) on the recent news release.
HISTORY has proven TIME AND TIME AGAIN that they DON'T FOLLOW THROUGH and are UNABLE TO TRANSLATE TO SH value.
Ann: Development Engineering business update, page-32
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $25.82M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.5¢ | 34.0¢ | $1.845K | 5.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38116 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 1019 | 2 |
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| Last trade - 10.09am 12/08/2024 (20 minute delay) ? |
| QHL (ASX) Chart |