I tend to agree with your post @nooneimportant. It reminded me of a different stock I used to hold a while back where management was spruiking future lucrative processing based on 'economies of scale' but when they upgraded their equipment they found that throughput had improved (although not as much as they'd been spruiking to shareholders) & processing costs had increased by 2.5x (various reasons) so the net result was that the cost-benefit ratio of processing at scale was well below expectations & the company descended into administration. It wasn't a great result.
I tend to agree with your post @nooneimportant. It reminded me...
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $24.95M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.1¢ | $43.17K | 1.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1099999 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 400000 | 1 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
3.1¢ |
Change
-0.002 ( 6.06 %) |
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| Open | High | Low | Volume | ||
| 3.4¢ | 3.4¢ | 3.1¢ | 256361 | ||
| Last updated 15.45pm 17/06/2024 ? | |||||
| 3DP (ASX) Chart |
