I do wonder at times if there has been any intention from the board to allow the share price to capitulate like it has as a strategy to reduce financial consequences for the company if they settle out of court with the old chief scientist and director. The timing of the shelving of the AAB tests and the approach they have taken to completely step back and allow the price to keep dropping without any response feels somewhat orchestrated in my mind.
don't get me wrong, I still think the technology they have and the potential to turn it into a commercial business is still likely so I'm not shaking in my boots but I just find it interesting and am trying to work out why....and that theory is all I can come up with. I am definitely scratching my head on this one.
I am still hearing music - and getting louder, page-222
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Last
59.0¢ |
Change
-0.010(1.67%) |
Mkt cap ! $65.06M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 59.5¢ | 58.0¢ | $4.527K | 7.767K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38600 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 198 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |