Doesn't look to be a new CEO but non exec Chair has now taken the reigns as an Exec Chair and is calling the shots.
I don't see any new cash injection from Board/Exec ... i think they're at their limit tbh.
My callouts are:
1. they've moved to a sales brokerage model ... means less gross margin
2. they've reduced significant white-collar labour cost ... great, but where's the leadership f&b experience
3. no assets, except for key equipment which are all asset financed anyway
4. no money to address current inefficiencies
5. no immediate ability to be self-generating
6. no interest from the market in buying grossly underperforming business segments, they prefer to wait for a firesale
So, once the CBA finance extension falls within twelve months again, listing rule 12.2 will be breached, and yeah/nah ... we're back to where we are.
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Mkt cap ! $2.948M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47719 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 145905 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 47719 | 0.021 |
1 | 100000 | 0.020 |
1 | 120000 | 0.017 |
1 | 109041 | 0.016 |
1 | 665933 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 145905 | 1 |
0.029 | 70000 | 1 |
0.030 | 250000 | 1 |
0.040 | 1062 | 1 |
0.046 | 200000 | 1 |
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