Although I believe the company is in a great place and is going forward, it is obvious that investors are losing faith and jumping ship before the SP goes lower. Combine this with the 'Day Walkers' and sellers continue to surpass the buyers.
If there was ever a time for a major announcement, now would be it.
Unfortunately I am starting to think we may end the year below the $1 level with recovery only occurring late next year. Throw in a Cash Raise now and we may even push down below the 80c mark.
I know I'll take a hit for these comments, but sentiment at the moment and fluctuations not based on future company revenues means things will not recover as quickly as previously forecast.
Down it goes again!!!
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $511.6K | 3.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 941440 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 167224 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |