Yesterday the market cap was $4million. Had $2.5 million in sales last year and will have around $3million plus in sales this fy. $1.6 million in cash debt is tiny if at all.
Don't Panic! That's what they want you to do. We will make sure management releases a clarification on the obvious error or maybe we missed something.
The plan by the trader is to sell and create panic hitting stop losses and enticing traders to line up their shares for sale. Obvious when it goes from 60 cents to 90cents then back to 45 cents in a short period this is being manipulated severely by an opportunistic trader. The sell down from 90cents started well before the half yearly, we were around 60cents at the half year report. So it dropped around 33% on no news.
$4million market cap with $2.5 to $3million in expected worst case revenue. $1.6million cash, negligible debt.
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Ann: Half Yearly Report and Accounts, page-8
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.78M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.1¢ | $3.543K | 114.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 183733 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 217333 | 0.030 |
1 | 30000 | 0.029 |
2 | 101232 | 0.027 |
1 | 384615 | 0.026 |
1 | 380000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 156060 | 2 |
0.036 | 213291 | 1 |
0.037 | 652681 | 3 |
0.038 | 600000 | 1 |
0.040 | 288181 | 2 |
Last trade - 15.54pm 06/09/2024 (20 minute delay) ? |
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