It is really hard to determine the risk of investing in this company at the moment, hence the reason why I am sitting on the sidelines.
When they had the white knight injection of funds I thought that maybe they would be back on track - I was tempted to invest but decided to invest elsewhere.
With very limited reporting by the company it is almost impossible to understand the risk.
The company really needs to clarify a number of things to investors - perhaps the first thing they should do is explain why the entitlement offer has repeatedly been extended.
Given it is for $3.9 million they really need to explain what is going on.
How is the market being kept informed?
I'll keep watching from the sidelines.
It is really hard to determine the risk of investing in this...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.98M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $4.335K | 25.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28803 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 241098 | 3 |
View Market Depth
| Last trade - 11.53am 01/11/2024 (20 minute delay) ? |
| MYE (ASX) Chart |