Oh, yes, governments are extremely efficient. You don't need to go too far to see that. Aussie government is burning billions to fund cocaine dealers using taxpayers' money. To top it off, they also fund housing projects that build no houses, childcare centers which care for children for $500k p.a. per head and LGBTQIA+ art projects that produce rubbish with no objective artistic value.
If you really purchased at 40c, you must be not too bright to have kept your positions so long. And soon, inevitably, you will be back to negative. That is if you indeed hold such positions, which I personally don't believe. That said, the end game is very simple - the share price will drop back to 20c, after which the company will either be liquidated/delisted or acquired for even smaller pennies by another not-so-random company to squeeze the last remaining value out of the company and its retail shareholders.
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Change
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Mkt cap ! $332.5M |
Open | High | Low | Value | Volume |
69.0¢ | 69.5¢ | 67.3¢ | $317.0K | 466.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 72182 | 67.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.0¢ | 5975 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 72182 | 0.675 |
4 | 22202 | 0.670 |
5 | 60343 | 0.665 |
13 | 150213 | 0.660 |
7 | 23254 | 0.655 |
Price($) | Vol. | No. |
---|---|---|
0.680 | 5975 | 1 |
0.690 | 32315 | 4 |
0.695 | 6000 | 1 |
0.700 | 18945 | 6 |
0.710 | 15630 | 4 |
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