I feel for all of the long term holders of this one who have ridden a wave of highs and major recent lows. Unfortunately the only way from here is with hard numbers demonstrating how this potentially great service offering can be turned into a profit and be a company maker given the seemingly low confidence the market currently has for it.
To be honest I think it should come to fruition, but it has been much to slow for the premium placed on the company value at times over the past 12 months and will require some patience. I took a loss from buying at 65c and selling at 50c just to protect my capital but did not expect it to get to this level.
The product offering still has major market potential so hopefully the numbers will start to support current market cap as a starting point and provide some confidence in growth potential again.
Cross fingers for holders that some confidence is restored soon
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- Ann: Quarterly Appendix 4C and Commentary - 31 Mar 2016-RFN.AX
Ann: Quarterly Appendix 4C and Commentary - 31 Mar 2016-RFN.AX, page-87
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $917.4K |
Open | High | Low | Value | Volume |
0.1¢ | 0.2¢ | 0.1¢ | $97 | 89.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 30802514 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 40310628 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 30802514 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 40140628 | 30 |
0.003 | 13977623 | 13 |
0.004 | 2483926 | 7 |
0.005 | 1940204 | 5 |
0.007 | 732269 | 1 |
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