Goedy
You state the obvious. If a company can't make a profit it doesn't survive. correct
However, you referencing the buy/sell screen doesn't have any relevance to the company. There could be no buyers, but it doesn't stop the company operating as this is a secondary market. A gathering point of buyers and sellers.
You assume the market knows best. So, the overall market was up 4-5% on Thursday from current levels. Not much has changed apart from US data and fears. So was Thursday right or is it now.
The market is a snap shot in time of moods, rather than facts.
To illustrate this further, G6M is up today, but Tassie newspapers have a story about the company delaying creditors while they search for more funding. However, they haven't released anything to the ASX.
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GoedyYou state the obvious. If a company can't make a profit it...
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $93.69M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.3¢ | $13.51K | 393.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29706 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 29706 | 0.034 |
9 | 1480585 | 0.033 |
4 | 333750 | 0.032 |
2 | 508000 | 0.031 |
6 | 836699 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 150000 | 1 |
0.037 | 76315 | 2 |
0.038 | 475640 | 3 |
0.039 | 1110000 | 3 |
0.040 | 445847 | 1 |
Last trade - 15.17pm 20/06/2025 (20 minute delay) ? |
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EQR (ASX) Chart |