Very lack-luster response from the market, credibility problem with the current group won't change IMO if they just keep on the same path that led to getting to this point. Still just above 2c pre consol reflects the market view this is a junk stock, barely trading any vol and well on the nose, deep in the wilderness not far out of the death zone!. Angola is certainly not the ideal jurisdiction but IMO it is not the main problem, others have negotiated better deals and it seems all that money pumped into good will ventures, which I don't have an issue with if it produces results but it seems the previous and current management team just don't have the skills. Not suggesting Nick has been there long enough to turn this ship around but rolling out the same ole same ole is unlikely to change sentiment.
Good luck for those persisting but will chalk this up as another lesson on the importance of good management and avoiding the punt/lifestyle co stocks!
It is not always a good barometer but if the management never dip in their own pockets to back themselves why would you?
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Last
7.0¢ |
Change
0.002(2.94%) |
Mkt cap ! $20.30M |
Open | High | Low | Value | Volume |
6.9¢ | 7.0¢ | 6.6¢ | $5.404K | 79.19K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 155889 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.0¢ | 288975 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 155889 | 0.066 |
1 | 15835 | 0.064 |
1 | 46000 | 0.062 |
2 | 99195 | 0.061 |
1 | 120000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 288975 | 2 |
0.073 | 10000 | 1 |
0.077 | 70000 | 1 |
0.085 | 35196 | 1 |
0.086 | 6875 | 1 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
6.9¢ |
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Change
0.002 ( 2.99 %) |
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Open | High | Low | Volume | ||
6.9¢ | 6.9¢ | 6.7¢ | 83825 | ||
Last updated 15.59pm 17/06/2024 ? |
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