yep sure do. noneresponsiveness of management is woeful.
I shudder to think what cockamamy proposal they are going to propose for ther remuneration in terms of low strike/no strike options/performance rigths
the failure to proactivley manage the market story and the cash drain has just left the door open for the "shorts" to progressively work the price down.
in terms of cash, they have a bit of time (...months) but at these levels a rights issue would be devasting to the SP. They need to get moving and working something up (cash from assets, &/or senitment up to lift the SP ).
free fall, page-3
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.43M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $21.32K | 107.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 5000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NXS (ASX) Chart |