They may not be profitable for a variety of reasons (eg. poor project management, manufacturing costs, accounts receivable)... doesn't mean that someone new could not take them on and make cash and there are always synergies when companies merge. As I stated in another thread.. unless there is significant improvement next quarter (cash flow and revenue) then I will start selling down. Sold half down at 11c as this stock took up like 7% of my portfolio, and made a real minor profit but the ones I am left holding have a break even of around 10c all up.. so possible loss now of about 4% of my portfolio if company goes belly up.
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Mkt cap ! $17.79M |
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Buyers (Bids)
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1 | 25400 | 0.068 |
1 | 57759 | 0.065 |
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1 | 100000 | 0.034 |
Price($) | Vol. | No. |
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0.083 | 50000 | 1 |
0.085 | 225000 | 1 |
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