Hard to see what turns it around from here, sadly. Maybe some corporate activity, but hard to see who would buy it and/or whether the new CEO has been in the role long enough to have any fresh ideas on that front? Giving their Insto investors a reason to review whether they change wouldn't be pretty right now.
The staff get a huge chunk of their bonus pool based off 1-year and 3-year returns to 31 March, and they are circa -20% behind in the biggest fund, so they are going to be having a lean year. Can't help morale.
Hard to see what turns it around from here, sadly. Maybe some...
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Last
$1.05 |
Change
-0.005(0.47%) |
Mkt cap ! $611.2M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.06 | $1.05 | $785.3K | 746.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 134849 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 6662 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.005 ( 0.89 %) |
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| Open | High | Low | Volume | ||
| $1.05 | $1.06 | $1.05 | 243254 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| PTM (ASX) Chart |