You've been watching this for some time and see that the share price is down, with very low volumes. Does that ring an alarm bell? That style of activity, including charting, represents following the pack, and if others have no interest, and the share price falls - and that is your only method of analysis, the signals are clear IMO.
Added to that is the fact that the company has one product to sell in a field of high competition which relies on a lot of resources, mostly money, which it doesn't have. It has a big ticket product in development which it needs vast amounts of money for. I think that explains the sliding SP and lack of interest, which will be addressed by additional capital, either by borrowing or a further capital raise, and by repeat solid sales.
IMO a good manager would be hunting for the most efficient capital for both streams, but also for a merger or bolt on to address and de risk the vulnerability of a single product.
EYE Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
(20min delay)