They lost approx $4.7m from January to June. I would prefer they used the cash to turn this around. Buying back shares will not help cash burn.
Also more than 80% of the shares are held by the top 20 shareholders so there is very little volume in trading. The share buy back is just taking out the mum and dad retail investors and making an already bad spread much much worse.
They lost approx $4.7m from January to June. I would prefer they...
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Last
6.6¢ |
Change
-0.003(4.35%) |
Mkt cap ! $10.65M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 6.6¢ | $1.126K | 17.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 27586 | 2 |
View Market Depth
| Last trade - 11.42am 30/07/2025 (20 minute delay) ? |
| BDT (ASX) Chart |