you are hoping they break even. the cash will slowly get chewed up so NTA will continue to erode.
it still has further to fall imo.
looking forward to fy19, if they turn things around and manage to make 2m npat it will be a great effort.
however, what is that worth? 212m shares at a generous pe of 20 only gives a sp of 19c.
by the way, i sold at 97c on 5th May 2016 as per my post on this thread.
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you are hoping they break even. the cash will slowly get chewed...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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4 | 98494 | 0.023 |
1 | 45499 | 0.022 |
1 | 95383 | 0.021 |
1 | 350000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 5991 | 1 |
0.028 | 50528 | 3 |
0.029 | 156545 | 1 |
0.030 | 74986 | 3 |
0.032 | 187876 | 1 |
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