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%
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Mkt cap ! $57.54M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $100.0K | 8.299M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 457675 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.3¢ | 8432572 | 16 |
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No. | Vol. | Price($) |
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1 | 457675 | 0.012 |
9 | 8392286 | 0.011 |
5 | 6431900 | 0.010 |
1 | 2777777 | 0.009 |
2 | 245123 | 0.008 |
Price($) | Vol. | No. |
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0.013 | 8420705 | 15 |
0.014 | 5397873 | 12 |
0.015 | 6211000 | 12 |
0.016 | 247276 | 2 |
0.017 | 2896000 | 4 |
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