Fact of the matter is that the share price has been on a slow downward slide for the past 6 months. The main reason being the lack of revenue - we can gaze at the fundamentals all we like because they will gradually slide as well.
If they have a $40M sales pipeline they should be converting some of that pipeline to revenue - and we have seen zilch(with exception of a $44k contract that was seen on Austender). On last 6 month trends it would have continued to slide to about 26c by now. The negative impact of the suspension will probably push it a few cents lower temporarily.
I want this to succeed but without revenue it won't and it needs to be big revenue because their largest $4.2m contract with Defence ends in June.
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7.9¢ |
Change
0.002(2.60%) |
Mkt cap ! $22.64M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.8¢ | $2.081K | 26.33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4135 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 22044 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4135 | 0.079 |
2 | 12810 | 0.078 |
1 | 68602 | 0.077 |
2 | 40538 | 0.076 |
4 | 253852 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 22044 | 3 |
0.082 | 22439 | 1 |
0.083 | 24240 | 1 |
0.085 | 111776 | 2 |
0.090 | 245000 | 3 |
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