I agree, Growler. Coco is an amusing man.
Unfortunately the overall situation is far from laughable. This is a stock that has cost many people a lot of money and caused serious stress. In my own case the damage was close to $30K. My mate took a loss of six figures. The Holla conglomerate would appear to be down about $250K. Who knows with Disco, Braydan, Brent, Unlucky Bacs, The Large Caged Bird and many others ?
The facts are simple. Tomorrow they are likely to report cash at Dec 31 of around $2.5m, bolstered by the R & D rebate. They appear to have no guaranteed net-profitable revenue at all. Their life is very limited indeed. Added to that, the effort to keep the stock at 2.8 is running out of steam. Averaging down and/or desperately propping rarely bears fruit.
The only reason to hold the stock is blind faith. Young Webb referred recently to the cathartic experience of selling dud stocks at a loss and moving on. Holders should at least consider his advice.
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $20.43M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.3¢ | $3.225K | 75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 202033 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.041 |
2 | 363000 | 0.040 |
2 | 188888 | 0.039 |
2 | 376500 | 0.038 |
3 | 1575000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 202033 | 2 |
0.046 | 46559 | 2 |
0.047 | 72500 | 1 |
0.050 | 500 | 1 |
0.053 | 20074 | 1 |
Last trade - 10.48am 02/08/2024 (20 minute delay) ? |
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