If you base your investments according to them you will be on the streets.
I thought this company had something behind it and i still think there will be a day when it might take off depending on the cash at bank and the lock down period. But Just deal with the facts for now.
This company had to buy stock from a supplier or it lost the contract. This meant that it had to just keep buying. Now it has this additional inventory. Because it had to buy it stretched its overdraft.
DHA products have to be sold into China. But that country is not taking up DHA at the moment.
So why should the share price rise?
Ann: Growth in Revenue with Expanding Markets, page-43
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Last
45.0¢ |
Change
-0.010(2.17%) |
Mkt cap ! $75.14M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 45.0¢ | $67.24K | 146.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40934 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 1678 | 2 |
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