E33 | East 33Jul 27New major risk - Share price stabilityThe...

E33 | East 33Jul 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months.It is more volatile than 90% of Australian stocks, typically moving 16% a week.This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent.Currently, the following risks have been identified for the company:Major RisksLess than 1 year of cash runway based on free cash flow trend (-AU$5.5m free cash flow).Share price has been highly volatile over the past 3 months (16% average weekly change).Shareholders have been substantially diluted in the past year (87% increase in shares outstanding).Market cap is less than US$10m (AU$13.0m market cap, or US$8.77m

Good luck.. wouldn't be pumping your stock here if were you.. should go too E1 page
Just saying...