Extremely frustrating that the share price has continued to tumble since the new board entered. I don't know what the old board could have done more than the current. CZM would have reduced sales with the old board but maybe they would have sold some Five2 units? It's just frustrating seeing the share price fall so harshly over low capital exchanges.
How many different boards has there been for this company? This technology has cost so much to develop and yet there has been minimal uptake. You start to question if there is a viable business here. How long will it take for this company to turn a profit? We aren't selling any Five2 systems so our sole revenue is from CZM who aren't selling much and actually downgraded their sales expectations.
I remain optimistic but it wouldn't surprise me to see another capital raise or a much lower market cap.
Hard Facts, page-2
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Last
8.3¢ |
Change
0.002(2.47%) |
Mkt cap ! $69.33M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.4¢ | 8.2¢ | $2.228K | 26.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4301 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 14219 | 1 |
View Market Depth
| Last trade - 15.46pm 03/05/2024 (20 minute delay) ? |
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Last
8.6¢ |
Change
0.002 ( 4.88 %) |
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| Open | High | Low | Volume | ||
| 8.3¢ | 8.6¢ | 8.3¢ | 6950 | ||
| Last updated 13.48pm 03/05/2024 ? | |||||
| OIL (ASX) Chart |