I think everyone has already said everything, but I'll repeat my thoughts on the last few trading days anyway...
Company sent out a breakthrough announcement declaring a major Australian telco was satisfied with the product and was getting federal funding towards deploying ZBMs at a significant number of sites - as part of a much broader resiliency program
The ASX naively didn't mark that as price sensitive.
Volume and price goes through the roof every day after that announcement.
Then, the ASX query what's going on?
This is comedy gold.
What did they expect? The excitement of that announcement was all over and done with that one day?
I was confident I'd see my average position get back in the green eventually. But the last few days has been quite the pleasant surprise to turn around this quickly. Congrats to the 2.5c buyers on multiple bags already. I was one of the excited fools who got in during the highs of 2016 with Hackett launching the ZCell and manufacturing solved and outsourced to Flextronics.
It's been quite the disappointing ride down with some bad lessons learned about continuing to put money in and averaging down here, but hey, I guess it's all working out okay.
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Last
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Mkt cap ! $24.89M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 158202 | 10.5¢ |
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Price($) | Vol. | No. |
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2 | 152813 | 0.105 |
26 | 1120070 | 0.100 |
1 | 15000 | 0.099 |
1 | 14120 | 0.097 |
1 | 45000 | 0.096 |
Price($) | Vol. | No. |
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0.110 | 188919 | 3 |
0.115 | 643202 | 11 |
0.120 | 114000 | 3 |
0.130 | 5737 | 1 |
0.150 | 53123 | 2 |
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