I finally sold out of this stock after yesterdays mini surge. I am not one for sitting bagging a stock when I have sold out, but there are a number of truths as I see it that I wanted to share in the hope of getting some sort of satisfactory sign off.
Ive been investing in the ASX for just over 10 years and perhaps I have been lucky but I have never invested in one with this size of MC or larger that has:
1. Worse communication both to market and to emails / calls
2. Presents in such a hamfisted and amateurish way. I mean is a colour scanner and some diagrams so much to ask?
3. Fails in every measureable way to sell its story to the market or satisfy the most basic obligations to its shareholders
It's a real shame as the story really is a compelling one and may yet yield big returns for its long suffering holders. For the record I don't think management are corrupt in any way, just incompetent in every way.
GLTAH
BIT - A Very Basic Critique
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Last
5.0¢ |
Change
0.005(11.1%) |
Mkt cap ! $45.11M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 5.2¢ | 4.6¢ | $42.25K | 871.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 155000 | 2 |
View Market Depth
| Last trade - 15.51pm 14/06/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
0.005 ( 8.70 %) |
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| Open | High | Low | Volume | ||
| 4.6¢ | 5.1¢ | 4.6¢ | 221683 | ||
| Last updated 15.49pm 14/06/2024 ? | |||||
| BIT (ASX) Chart |