The release states that management "anticipates " monthly sales.
That in itself would make the market wonder if, in fact, it will happen. So not surprised with initial market reaction.
Also, once again, we don't know what price they achieved and whether they "anticipate " the volume to stay at 8000t or increase.
At least they sold something this month even if it is a tenth of what previous managements yearly predictions would require.
The release states that management "anticipates " monthly...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $32.79K | 316.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 403672 | 7 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.000 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.5¢ | 9523 | ||
| Last updated 10.59am 15/05/2024 ? | |||||
| CKA (ASX) Chart |