Their numbers are going great, particularly IKN and they're investing in new marketing and onshore and offshore sales roles (AFTER the latest policy changes) so they obviously have some confidence. I think there's a decent chance they return to cash flow positive this year. So yeah. What would you call that situation?
The share price is as liquid as an ice block but I reckon it'll respond to positive cashflow if it happens this year. That "25%" amounts to a couple of take away dinners. I saw the drop to 9.1c yesterday and looked to get a few but none available. Just how many shares were sold at 9.1c?
So now if the LNP can please just STFU for 5 minutes with their dog whistling and threats to destroy the whole industry I reckon all should be well.
IKN numbers next week. If they hold up then I'm very much looking forward to the half year.
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9.3¢ |
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Mkt cap ! $15.36M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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9.4¢ | 150000 | 1 |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 50000 | 1 |
0.120 | 69103 | 2 |
0.135 | 74800 | 1 |
0.195 | 40500 | 1 |
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