IMO it is pure incompetence not to have done i much earlier at a better price and to back it up with a placement to a strategic investor of sorts. Seems they can't find that investor, don't know where to look, don't have a plan...
Now they've shot themselves in the foot bigtime as no placement funds raised and likely no SPP interest - so all they've done is wiped 25% off. Great job!
Funny how some decent selling appeared in screen over the last few weeks - that now looks like inside trading and ought to be investigated by ASIC.
Sold most on open, hold a few
Disappointed in management
IMO it is pure incompetence not to have done i much earlier at a...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.468M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 197704 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 100000 | 1 |
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