it is positive news that a second MEG sale has been secured but the comment in the business update that the stage 2 installation at BNI is subject to ongoing discussions is very very concerning- is there more detail on this? it sounds like there is a problem?!
I bought on the news yesterday at 40 cent but got concerned and sold at 44cents for a small profit. I feel lucky to have scraped through.
the sales vs money coming through the books is lagging .... yes there are reasons beyond their control but it means there is not as healthy a balance sheet for a while. we'll see.
the somfit solution has been bubbling away very very slowly in terms of commercial success. the MEG is cutting edge but is not flying off the shelves- understandably due to pandemic and the purchase amount .
lots of potential here. hard to breakthrough in the market. GLTAH
it is positive news that a second MEG sale has been secured but...
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $42.51M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 24.0¢ | $1.299K | 5.412K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4588 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 27.0¢ | 10000 | 1 |
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| Last trade - 13.41pm 16/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 5.88 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 24.0¢ | 24.0¢ | 6907 | ||
| Last updated 13.41pm 16/05/2024 ? | |||||
| CMP (ASX) Chart |