I agree with you Cudeco1 that GBE doesn't produce anything in the traditional sense, so they don't have earnings in the same way that most companies do. However, they do have revenue from their investments, and they have been setting internal earnings targets for themselves.
There have been a few negative news articles about GBE in recent weeks. One article reported that the company's earnings were down 10% in the second quarter. Another article reported that the company is facing a lawsuit from a former employee. The company has been accused of sexual misconduct and abuse by several former employees.
It's possible that these news articles have contributed to the decline in GBE's stock price. However, it's also possible that the decline is simply due to overall market conditions, or caused by short opportunistic selling by short term invested. It's hard to say for sure what's causing the decline. I am also still bullish in the long term.
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I agree with you Cudeco1 that GBE doesn't produce anything in...
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Last
4.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $27.65M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $4.015K | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27777 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27777 | 0.036 |
1 | 250000 | 0.035 |
1 | 150000 | 0.027 |
1 | 103695 | 0.025 |
1 | 40000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 250000 | 1 |
0.052 | 30000 | 1 |
0.060 | 31657 | 1 |
0.080 | 60000 | 1 |
0.000 | 0 | 0 |
Last trade - 10.46am 16/08/2024 (20 minute delay) ? |
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GBE (ASX) Chart |