There's worse on the ASX, even in the tech 'startup' space, but the the revenue numbers are dire. Stabilizing the situation so they're not incinerating cash is decent, but they've gone from $3M/quarter revenues at the peak to about $1.35M.
I suspect this will be a zombie company - if it hasn't happened 8 years in, it's not going to happen. Honestly, there's no real reason for this company to exist - what it offers is better than email/Facebook/Instagram/private-group stuff, but it's not that much better, so it's always going to be a niche.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $18.48M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $32.07K | 248.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 162099 | 1 |
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| Last trade - 14.19pm 25/07/2025 (20 minute delay) ? |
| TNY (ASX) Chart |