No companies release their 'strategic review' - Its disclosed for the purposes of inviting potential acquirers of the vehicle or assets* to come shopping. It's a white flag following years of disfunction and nothing more.
The only positive is board renewal and CEO gone. Years too late given pending administration.
*Unclear what the 'assets' are in this business relative to the ridiculous hyperbole presented by the company. Note definition of assets implies something that will derive a future benefit (i.e. cashflow / revenue)... something this Company has lacked for a while now.
No companies release their 'strategic review' - Its disclosed...
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Last
$1.66 |
Change
0.090(5.73%) |
Mkt cap ! $320.3M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.69 | $1.58 | $1.287M | 777.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17952 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 19630 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |