Mate, you put in lot of effort in recommending to sell. What is wrong with you ? Let people make up their own mind.
This business is not going fold. They have missed dividends one year. Maybe they won't pay for year or more.They are losing money atm,
so what ? They will rejig gate back up on the game. They are 100's of companies who are so much worse off and still have higher MC. This is way oversold and for what business they have MC can be much higher. Some big hands took a punt to short it for 3 years. Got their fill with issues from CR. This is certainly a turnaround story.
I am not quitting at these levels at all. If it drops below the previous lows, I will add.
Ann: Update on cost management, page-199
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Last
50.3¢ |
Change
-0.018(3.37%) |
Mkt cap ! $112.6M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 54.5¢ | 50.0¢ | $787.0K | 1.505M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 196446 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 4387 | 4 |
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| Last trade - 14.06pm 17/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |