"Wish PIL could give us some more details on how things are going."
Unfortunately the PIL management have an absolutely appalling track record in fluent
communications and updates
The time lines for getting the stuff done that they need to get done are quite long
I was hoping the culture from the AI Business might spill over into PIL
It still might .
The June quarterly is unlikely to give us any more "meaningful: news other than to spruke the
Rhetoric ...of recent announcements .
The market is likely to be focussing more on ...
a) How long is it going to take PIL to get Cash flow positive
b) Are the numbers of downloads etc EVER going to reach a level where the number of micro transactions , can generalte collectively enough money to break even
c) How long will PILs money bank last for
As far as the pull back today goes .... U'd have to ask yourself about that 20 odd mill on the buy side @ 1.3 cents ?
It sat here for days ..... the level of transactions at 1.4 cents were bugger all ....
Thus holders some of the 1.4 billion shares ( or what ever the number is ) ..... figured " short term upside " ...is probably not worth the risk vs the "short term downside "
Lets see what happens over the next couple of weeks ?
LOL
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.97M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $47.72K | 5.965M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 236963 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 5771548 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 236963 | 0.008 |
18 | 11023003 | 0.007 |
22 | 10833658 | 0.006 |
18 | 14210944 | 0.005 |
10 | 16900000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 5771548 | 10 |
0.010 | 8345705 | 14 |
0.011 | 6600644 | 13 |
0.012 | 7028599 | 8 |
0.013 | 8500000 | 6 |
Last trade - 15.59pm 26/08/2024 (20 minute delay) ? |
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PIL (ASX) Chart |