I think one of the big mistakes was losing broker coverage from Shaw and Partners. The business selected Goldman Sachs to run the last equity tap. Soon thereafter Shaws ceased coverage. I’m assuming they were not happy that they were not on the raise ticket. Now the business is not as well covered by the broking community, therefore reducing the exposure of the stock. IMO the management need to get back in front of the equity research desks and have others promote the story. If they don’t, there will simply be inadequate awareness of the stock, limiting the bid side of the market.
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $37.07M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.6¢ | $12.37K | 458.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 66483 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 26236 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 66483 | 0.027 |
4 | 700319 | 0.026 |
1 | 288000 | 0.025 |
1 | 40000 | 0.024 |
1 | 43478 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 26236 | 1 |
0.029 | 219528 | 1 |
0.030 | 349798 | 5 |
0.032 | 649830 | 2 |
0.033 | 3257 | 1 |
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