there has to be some unknown reason that Management doesn't care about share price. it's dropping daily 1-2 cents on low volume and low value obviously no bigger share holders are selling, retail holders like us are losing patience and taking loss..
5% owners are holding nearly 50% of the shares so they have a big skin in the game but its pin drop silence from Management
even we didn't hear anything during general meetings so not sure what is happening behind the scenes
as per broker data, its Instinet (INSTO) that has been majority since last year so inside games unknown to us
clearly its oversold as of now. Mcap is 24 Mil on 27-28 mil revenue and we r not making loss so its really comes to Management..
ICI Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
