Believe that a circa $1.5M + loss on the cards for the half year, still amazed no update/heads up on performance- so much for continuous disclosure. I wonder if this had anything to do with CFO "resigned" with immediate effect and immediate replacement. This perhaps is the reason for the weakness in the SP (though on small volume)
Looks like Lynas getting his team in to get this one back on track...…. Go Lynas!!!!
I heard from an analyst close to the CFO- cable logic losing money, KP now losing money - which is interesting because also found out that Peter King (Vendor/Owner of KP) left the business in January this year..... why wasn't the market informed?
in any case just a blip as plenty of cash in the bank and Lynas can use that to build the pipeline.
Personally if I was a new investor coming in, I would be happier paying close to $12c for the stock or a $28M Market cap which is 2 - 3x cash or net assets.
Happy to keep holding this one for now.
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Change
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Mkt cap ! $4.187M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1267000 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1571073 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1267000 | 0.006 |
3 | 2000000 | 0.005 |
1 | 400000 | 0.004 |
1 | 500000 | 0.003 |
2 | 1250000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1571073 | 2 |
0.008 | 4237998 | 4 |
0.009 | 753566 | 3 |
0.010 | 1462125 | 3 |
0.011 | 667085 | 3 |
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