I am not telling anyone what to do. If you are a buyer, my opinion is there are two more opportunitiesto be impaledbycatch the falling knife.
1) between now and 30 June will be tax loss selling (I jumped in a bit early at 14 cents, because I have seen tax loss selling stop a day or two before 30 June in other companies)
2) after the quarterly, which I expect will have low revenue again - with the delays and delays in shipments and contracts and approvals
At some stage the tide will turn, because some revenue will be reported. I guess from the 30 Sep quarterly and/or some material decent announcement will occur. And maybe even a simply 2xcontainers a month to Lumos.
The problem we have is: will the tide turn from 13 cents or 6 cents. I really need to see revenue incoming. All flows from that - not Mr Market's mood.
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $13.42M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $219 | 10.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 533049 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 269439 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 533049 | 0.021 |
9 | 1114492 | 0.020 |
8 | 579840 | 0.019 |
8 | 1012364 | 0.018 |
1 | 300000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 269439 | 3 |
0.024 | 501944 | 3 |
0.025 | 466300 | 3 |
0.026 | 1246449 | 3 |
0.027 | 683000 | 3 |
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