hi
This is a good announcement.
It signal not only to internal staff but highlight to investors too, that the problem has been identified and a workable solution has been implemented.
When I read about the handful of senior staff leaving the company, I knew it will be hard for Carl but as a capable CEO - I gave him 6 - 9 months to find good replacement staff.
In his internal address to staff " I am currently in the process of selecting a number of people to join our company in senior executive positions. We are also in the process of adding seasoned and experienced independent Directors to our Board." I believe this is great news, as starting from now on - it will be his people working with him to improve the culture of the business and profitability of the business. He has done this in a shorter timeframe then I had expected.
Now - I am not sure why there is still a strong selling pressure on the stock.
What other bad news have I missed out on, that is driving this stock price down?
hiThis is a good announcement.It signal not only to internal...
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Last
4.9¢ |
Change
0.004(8.89%) |
Mkt cap ! $88.51M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 5.0¢ | 4.6¢ | $79.24K | 1.685M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 305646 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 59999 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
4.8¢ |
Change
0.004 ( 6.67 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.8¢ | 4.5¢ | 252935 | ||
| Last updated 15.38pm 21/05/2024 ? | |||||
| AMA (ASX) Chart |