Yes...It looks bad.....Have been waiting for the "mandatory profit warning".....Here it is.
Will not react negatively till we see the financial report & scrutinize their cash flow & working capital.
Recording a loss even if it is repeated is not a hallmark of a bad business or bad management.
This one could partly be related to timing of revenue recognition....Large depreciation .....or expensing large R&D expense which artificially depress net income but not detrimental to the business financial health.
Unfortunately the market will react negatively & "slam it to where it was" at 0.08 or even lower.
Will be able to say something sensible after the HY report.
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7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.09M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 573 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 208000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 573 | 0.075 |
1 | 603 | 0.072 |
1 | 14299 | 0.070 |
1 | 28000 | 0.068 |
1 | 40000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 208000 | 1 |
0.088 | 30000 | 1 |
0.090 | 50000 | 1 |
0.100 | 3407 | 1 |
0.130 | 149000 | 1 |
Last trade - 16.12pm 03/09/2024 (20 minute delay) ? |
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