I'd be embarrassed too. It looked like such a promising company, then they slap investors with a $11m loss, hardly any cash and extend projects by a year. All of management buy $30k worth at 0.17c, that's now -55%. Joe and Hamish have lost at least $10m+ each in the past 6 months in company value terms. 'We're in the advanced stages of financing" They've been saying that for the past 4 months. They better hurry up because that $3m in cash isn't going to last long especially because Ecogas and Bluelake still aren't officially completed.
I still like Joe and Hamish, can't blame them for COVID and Inflation but the frustration is real. Investors are down so much money.
I'd be embarrassed too. It looked like such a promising company,...
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $37.44M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.8¢ | 16.0¢ | $227.6K | 1.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 162166 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 139822 | 3 |
View Market Depth
| Last trade - 15.59pm 08/11/2024 (20 minute delay) ? |
| DEL (ASX) Chart |