The market doesn't even bat an eye at 3dp. It's illiquid trading volume displays how volatile and unloved the company is. Compare this to even 6 months ago, there's a huge amount of repair to go. Long-term, I am bullish if the company can survive the current cash crunch and it can increase transparency regarding SaaS figures. Without transparency I assume "below range" ARR and unacceptable churn, otherwise why not release the metrics if they are good?
The whole ACV never aligning with revenues displayed poor governance and a dependent BoD, which rarely returns well to SHs.
SHs/board should push for transparency metrics for their own investment thesis sake, instead of letting it fester into a lifestyle company where people get a raise based on non-performance. Hope for a deal is not a consistent strategy for long term returns.
The market doesn't even bat an eye at 3dp. It's illiquid trading...
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $43.47M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.4¢ | $4.913K | 90.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1254466 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 157298 | 2 |
View Market Depth
| Last trade - 11.59am 15/10/2024 (20 minute delay) ? |
| 3DP (ASX) Chart |