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
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $28.13K | 2.404M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 182 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1554880 | 5 |
View Market Depth
| Last trade - 15.29pm 05/06/2024 (20 minute delay) ? |
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1.2¢ |
Change
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 67558 | ||
| Last updated 15.27pm 05/06/2024 ? | |||||
| OEL (ASX) Chart |