Sadly this quarterly is totally expected. The ramp up was always going to face issues and the communication leading up to this was poor. The only news that appeared was framed positively and didnt really disclose the issues they were facing, everything was watered down and papered over. A better communication strategy would have been to run with a monthly update, disclose the issues and what's happening to fix them and frame it all as being expected and things are on track. Sure they did this in the quarterly but markets prefer transparency and the share price will be punished for it, sub 50 here we come.
2ic is correct, the rose tinted commentary that's been spouted here has been disappointing, its become almost a cult like attitude where by if you have a counter viewpoint you are attacked. Long time shareholders and commentators don't contribute anymore and we have all seen the lack of activity here because of it. Perhaps this reality check will see better comments, less blind and ignorant defense and more questions being asked of a company that has lots of potential but is being run by people that are out of their depth at a communication and board level.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Sadly this quarterly is totally expected. The ramp up was always...
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SFX (ASX) to my watchlist
(20min delay)
|
|||||
Last
28.5¢ |
Change
-0.035(10.9%) |
Mkt cap ! $112.0M |
Open | High | Low | Value | Volume |
32.5¢ | 32.5¢ | 28.5¢ | $172.7K | 587.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31899 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 73064 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31899 | 0.285 |
3 | 122785 | 0.280 |
3 | 85000 | 0.275 |
2 | 50500 | 0.250 |
1 | 75000 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 73064 | 4 |
0.305 | 25205 | 4 |
0.320 | 50000 | 1 |
0.325 | 5836 | 1 |
0.335 | 1481 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
29.5¢ |
  |
Change
-0.035 ( 3.28 %) |
|||
Open | High | Low | Volume | ||
31.0¢ | 31.0¢ | 28.5¢ | 183495 | ||
Last updated 15.59pm 14/06/2024 ? |
Featured News
SFX (ASX) Chart |