You will probably get your wish.
Unfortunately this stock is gonna be really challenged in terms of liquidity for the near future.
The fact that the only people who will touch this stock are small retailers and maybe the odd mum and dad investor will sting company's like this the most. These are hit the hardest by current economic conditions such as interest rates, inflation and fuel prices.
This should mean less liquidity in the market and should also in theory effect small companies the most as they have a much small pool of potential investors for buying and selling.
People who want or need to sell will have to do so at heavy losses unfortunately which sucks for them but can be a great opportunity for people who can buy up.
Just my opinion.
Hopefully we will see big cash build over the next 2 quarters as I believe these types of companies that generate revenue and profit will both do the best and recover the best over the coming months and years.
Very bad time for any company that has to cap raise
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.62M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $6.066K | 43.42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 42014 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 129375 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 42014 | 0.135 |
3 | 65500 | 0.130 |
1 | 9000 | 0.120 |
1 | 69165 | 0.115 |
1 | 20000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 129375 | 2 |
0.150 | 5000 | 1 |
0.155 | 50000 | 1 |
0.160 | 135000 | 1 |
0.165 | 20000 | 1 |
Last trade - 13.09pm 05/09/2024 (20 minute delay) ? |
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KAU (ASX) Chart |