Not sure what was great about that report? They have actually increased debt, lost revenue, had project delays with uncertainty of when they will start up, and talked about a lot of headwinds coming up, especially the election. I took my chance @ the +8.33% rise to 0.026 to bail out at a small loss. Glad I did now as it's already sunk to 0.022.
To be at the end of Feb and still not be able to give a guidance for FY19 was the last straw for me. Hopefully they release a good presentation next week that drums up some market confidence/interest, otherwise it'll be another 6 months of going nowhere for the share price.
High P/Es are usually in companies because the market anticipates stellar growth (see APX, WTC, APT etc), but with every 6 month profit growth of only a couple hundred K, even a P/E of 6 seems very high.
Good luck holders, hopefully the TTI ship sets sail soon for you all. I might jump back on board when (if) their LED streetlight business is in full swing.
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.864M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $3.052K | 610.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 982 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 982 | 0.005 |
2 | 533821 | 0.004 |
8 | 5142728 | 0.003 |
3 | 1050000 | 0.002 |
4 | 4800999 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1200000 | 1 |
0.007 | 530303 | 3 |
0.008 | 227000 | 2 |
0.009 | 744880 | 4 |
0.010 | 1410000 | 4 |
Last trade - 10.48am 05/08/2024 (20 minute delay) ? |
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