A bit like a (minor) car crash...?? "Move on, nothing to see here..."
Close to cash backing - but no real guidance from the company (apart from "let's pick some low-hanging fruit"?) - certainly nothing you can put a value on!
Plus cash has a nasty habit of 'evaporating' with payouts to departing execs/staff/etc and legal messes to fix.
The ones stuck in this stock are hoping that Oxysomething will come good or we can "do a deal" in... injectables or ...OTC products... or else we simply become a major supplier of raw materials to the stockfeed sector.
Meanwhile the clock is ticking (loudly).
Oh well, at this rate it will make a good listed shell for someone with a vision.
PS Not blaming the new management - they inherited a sow's ear.
A bit like a (minor) car crash...?? "Move on, nothing to see...
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0.3¢ |
Change
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Mkt cap ! $7.923M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $25 | 10.00K |
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| No. | Vol. | Price($) |
|---|---|---|
| 66 | 91668236 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 62801585 | 14 |
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| Last trade - 15.34pm 23/07/2024 (20 minute delay) ? |
| AVE (ASX) Chart |