I guess that’s the craziest bit of all… no one cancelled any contractual terms… not that $14k revenue last quarter was much to pull the pin on…
from here, it is kind of shit however… from here HMD is a very cheap start up with 12 months runway and enough issues capital to create plenty of liquidity. There is a brand new board and the founders have been effectively diluted to oblivion. If you look at HMD as priced at $6m and $2.5m or so in the bank with $200k USD about to hit the tin then it isn’t all that bad. If you are in a position where you’re average price is many multiples of the current price then it is a more than a bit rubbish however it is still an ongoing concern and might just find some traction to 2-3c and beyond.
Slightly different but once upon a time there was a very blue chip business named Burns Philp, there was a lightning raid by a kiwi businessman and a takeover at $2.54/share… ended up worth 18c or so after revelations of horrific accounting and basically corruption… Steve Hart had a career defining moment and ended out as a billionaire. Dunno mate… might just all swing around
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Last
1.7¢ |
Change
-0.002(10.5%) |
Mkt cap ! $6.685M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $8.194K | 482K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 55508 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.5¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 55508 | 0.019 |
1 | 18311 | 0.017 |
6 | 6953230 | 0.016 |
1 | 1000000 | 0.015 |
3 | 1714285 | 0.014 |
Price($) | Vol. | No. |
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0.025 | 200000 | 1 |
0.028 | 250000 | 1 |
0.030 | 300000 | 1 |
0.100 | 1000 | 1 |
0.000 | 0 | 0 |
Last trade - 15.53pm 14/06/2024 (20 minute delay) ? |
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Last
1.7¢ |
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Change
-0.002 ( 5.56 %) |
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Open | High | Low | Volume | ||
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Last updated 15.53pm 14/06/2024 ? |
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