I dont think it has been manipulated (well no more than any other stock on the asx) they just havent delivered on their promises and the stock is illiquid. I have a reasonably large holding 3M plus shares and when selling I unfortunately, drag down the stock price as well.
both companies will want more than one director each and at $10 million market cap the INP is very cheap. I think they underestimated the cost to sort out the digital side. hayatt understand this as they are investors in "The Entertainer" in the UAE when they transitioned to digital.
I think Suzerian and Hayaat will team up and take out the company around 8c-10c p/s in the next few months.
Until this happens I think fair value is around the mid 6c per share so im holding and possibly topping up as well.
GLTA
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Mkt cap ! $4.975M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 333660 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.7¢ | 59645 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 333660 | 0.003 |
2 | 1700000 | 0.002 |
2 | 1800000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.007 | 59645 | 1 |
0.008 | 34646 | 1 |
0.010 | 105354 | 1 |
0.011 | 63750 | 1 |
0.015 | 257028 | 1 |
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