I am out. This has been a painful lesson.
Could bounce again but maybe a dead cat bounce.
With interest rates on the rise, there are more risk with their funding issues and valuation could marked down again.
The funding risk is unresolved.
I thought it had a good future, but the number of risks makes it hard to hold. It could be sold down to less than $1 like lots of tech stocks or loss making stocks.
Probably should have listened to my better self when it bounced to $3 a few months ago.
A lesson learned (hopefully). Has happened to me many times and I hope to continue to de risk and rejig portfolio for the long term.
I am out. This has been a painful lesson. Could bounce again but...
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Last
$1.76 |
Change
0.025(1.45%) |
Mkt cap ! $338.6M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.78 | $1.73 | $591.9K | 335.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1690 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 5532 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| EOS (ASX) Chart |