Continued downward pressure on the share price, off another 11% today.
It's an incredibly tough business to make money in and as I understand it key resources have moved away from the Anittel business which will be affecting the large revenue customers.
I expect further downwards pressure once full year results come out but have no inside information to that effect - just anecdotally what I'm hearing from clients.
As I said a while ago, I'm bearish on this stock and my thesis continues to prove out - good luck to holders (and employees) but do your own research!
Continued downward pressure on the share price, off another 11%...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $54.27K | 358.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6751465 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1929732 | 23 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |