Good observation. But market has zero confidence in old dinosaurs that they will not squander the cash in ill conceived plans - to bring that confidence the head count has to be trimmed to absolute minimum otherwise vested interests (i.e. those who wont be able to get a decent job outside) will dream up some project to prolong their employment!! The above along with their inability to get a decision after more than 3 months from ATO is spooking the investors!!
Sack the lot and shareprice will be at least 2.5 to 3 cents in a moment - the discount for dinosaurs is more than 50%
Good observation. But market has zero confidence in old...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $2.703K | 211.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 9928473 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 4025022 | 5 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.001 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.3¢ | 1.2¢ | 579440 | ||
| Last updated 15.08pm 29/04/2024 ? | |||||
| OEL (ASX) Chart |