If you do indeed average 4 cents here one could suggest your long term hold view is the only choice left for you given you're 65% down and didn't consider a planned exit strategy prior to such a drop?
With another possible 400m shares adding to the register 4c or a $200m ish market cap seems a long way off/ could be seen as fairly unrealistic, just to break even?
if this stock doesn't see real revenue growth in the next 3-6 months to outstrip costs it will be just about kapoot given funds held to costs out ratio so believe you'll know more well before your timeline
If you do indeed average 4 cents here one could suggest your...
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $34.59M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $11.14K | 1.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3588297 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1313343 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.8¢ | 0.9¢ | 0.8¢ | 329314 | ||
| Last updated 12.34pm 03/05/2024 ? | |||||
| SPX (ASX) Chart |