The dream is looking a lot less likely now imo, much delayed at best.
Net tangible backing, cash and debt will only get you so far and if the business doesn't work, it's throwing $ down the drain.
The assets will not be given much value by the market since they aren't really marketable.
Bought into the story above SPP price.
Managed to psyche myself and recognise the panic selling on Friday so I managed to double my holding.
Could of gone either way this morning, luckily for myself I'm out for almost all of my shares for a smaller haircut than expected, keeping a nominal amount just incase.
Best of luck to all holders, but imo for me the fundamentals have changed.
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19.5¢ |
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Mkt cap ! $39.25M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.5¢ | $1.772K | 8.957K |
Buyers (Bids)
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---|---|---|
2 | 26062 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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21.0¢ | 88721 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 26062 | 0.195 |
5 | 16048 | 0.190 |
1 | 2705 | 0.185 |
1 | 5555 | 0.180 |
3 | 18000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 88721 | 2 |
0.215 | 26100 | 1 |
0.220 | 56999 | 2 |
0.225 | 49633 | 4 |
0.250 | 9650 | 2 |
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