I agree. As I've mentioned previously the actions of management in the handling of this have been nothing short of appalling.
I personally had issues with the app (in the sense that it did nothing) which is fine. It's a new tech it will have bugs. I chose to sell so i could make money elsewhere which is also fine. I always have the option to come back should it be as ground breaking as they claim.
The real kicker though is the fact that management don't respect SH enough to be honest. Whether it's due to arrogance, the lack of a working app, no plan B, or some other reason is irrelevant. In the spec market management have the ability to make or break a stock far more than any other factor.
Upon relisting anything short of a spectacular amazing out of this world app will cause the sp to fall. Not because holders don't understand tech and the need for continuous improvement but due to the uncertainty of realistic time lines at by management and the risk of constantly having their funds tied up in trading halts for inane reasons.
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4.7¢ |
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Mkt cap ! $4.921M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.7¢ | $1.645K | 35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2671 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 143085 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2671 | 0.042 |
2 | 212000 | 0.040 |
1 | 100000 | 0.035 |
1 | 93781 | 0.031 |
1 | 650000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 128085 | 1 |
0.110 | 52515 | 1 |
0.120 | 200271 | 2 |
0.125 | 26627 | 1 |
0.135 | 9524 | 1 |
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