Yes, I agree, there’s seems to be some emotion in today’s selling. Perhaps retail investors are frustrated and emotionally exhausted by this stock, who could blame them? I know I am.
The announcement, while not shooting the lights out, is a good start that can be built upon with back to schools sale in Australia/ NZ particularly with the new Adventurer watch. It seems to me some are forgetting what a horrendous year it has been for retail. It’s tough to sell a children’s safety wearable when kids aren’t aloud out of the house.
The number I’m happy with is the RAR, it con koi tinues to grow and is the big ticket for SPA.
I also agree that Mark’s remuneration plan is one of the major reasons why the announcement got sold into today. Investors have been looking for a chance to sell out, today wasn’t the day though. I think it is greedy but don’t forget Mark has to get the SP above 30cents to see the first 25% and above 45cents to see the next 25% and to release and make 1 million in the US market to recieve the next 25% (forgive me I can’t recall what the other 25% was, probably something relatively easy to achieve). I don’t think many longterm holders who participated in the SPP at 10.7 cents will be complaining too much if even 2 out of 3 of those are achieved).
it’s also frustrating to see a lot of range trading in this stock. I think there are some doing very well out of it, personally I don’t have the time or the appetite for it.
I won’t be selling any of my stocks at anywhere near this SP. I guess I’ll have to take a page out of WB and practice infinite patience.
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Mkt cap ! $8.478M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $1.475K | 81.96K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 844607 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.9¢ | 61603 | 2 |
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No. | Vol. | Price($) |
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5 | 844607 | 0.018 |
2 | 180000 | 0.017 |
4 | 755500 | 0.016 |
2 | 198440 | 0.015 |
1 | 35780 | 0.014 |
Price($) | Vol. | No. |
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0.019 | 61603 | 2 |
0.020 | 38095 | 1 |
0.021 | 11928 | 1 |
0.022 | 582871 | 4 |
0.023 | 550000 | 2 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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