The insto's wanted them to grow quickly and use the money that was raised to achieve that growth. I know the instos were hoping for a 100m+ market cap by now, but they still seem to be accumulating nonetheless going off the broker data.
There's a few large contracts which have not been announced that were expected last year. I'm not sure what the hold up is but one of them, Teck is making huge profits atm so hopefully they manage to secure them at a good price.
I believe this company has all the right pieces but their current strategy is not working. I can understand covid hindering landing new clients, but covid shouldn't affect cross selling.
The insto's wanted them to grow quickly and use the money that...
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Last
9.3¢ |
Change
0.007(8.14%) |
Mkt cap ! $17.38M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.3¢ | 9.3¢ | $2.272K | 24.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 98938 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 55066 | 2 |
View Market Depth
| Last trade - 10.43am 03/05/2024 (20 minute delay) ? |
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Last
9.2¢ |
Change
0.007 ( 6.98 %) |
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| Open | High | Low | Volume | ||
| 9.2¢ | 9.2¢ | 9.2¢ | 17048 | ||
| Last updated 10.43am 03/05/2024 ? | |||||
| K2F (ASX) Chart |