while I don't disagree at what point does management become accountable. They tied vesting of their performance rights to reducing operating costs instead of significantly growing revenue.
They set themselves a goal of cash flow positive and gave themselves multiple quarters to achieve it and they won't make their own deadline. Bit like not achieving forecasted revenue that they set last year.
Business might be growing but it's a low base. They are definitely underperforming.
while I don't disagree at what point does management become...
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Last
9.5¢ |
Change
0.003(3.26%) |
Mkt cap ! $26.33M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.5¢ | 9.0¢ | $48.57K | 528.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 74428 | 1 |
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| Last trade - 15.12pm 16/05/2024 (20 minute delay) ? |
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Last
9.4¢ |
Change
0.003 ( 6.82 %) |
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| Open | High | Low | Volume | ||
| 9.4¢ | 9.4¢ | 9.4¢ | 10000 | ||
| Last updated 15.58pm 16/05/2024 ? | |||||
| AR9 (ASX) Chart |