Ann: Notification of Expiry of Options, page-2

  1. 7,023 Posts.
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    https://hotcopper.com.au/data/attachments/6819/6819281-0dd5600f1c32ec65ef43eb26ef0c31fc.jpg

    Crazy market depth. A lack of buyers.

    - If a big seller appeared, not sure how they'd be able to sell. Though some buyers may appear if it fell enough (me at <$0.08).
    - The current price is the equilibrium point with this lack of buying demand. If a big buyer appeared, it could rise a lot. They'd still only get $20k worth up to $0.125, unless they have patience to wait a month.

    Is the company good enough to become a takeover target? Since that's the only way we get lots of liquidity... Or will they ever become a dividend payer (which is similarly good as liquidity)?

    The growth rate looks good, and margins are at record levels (after cost control), maybe breaking to cashflow positive soon - 1 quarter? Next quarter, we'll have a little boost from the WA delayed payments too.


    +100% SP YoY anyway. Only down 80-90% from peak. rolleyes.png Still feels like a strong hold.

    It feels like a strong case for a small buy-back if they go cashflow positive.
    Last edited by danbradster: 18/02/25
 
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(20min delay)
Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $17.66M
Open High Low Value Volume
11.5¢ 11.5¢ 11.5¢ $6.9K 60K

Buyers (Bids)

No. Vol. Price($)
3 80850 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 4687 1
View Market Depth
Last trade - 14.07pm 13/06/2025 (20 minute delay) ?
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