Completely agree, invested before in an agricultural biotech which continually received global government approvals for its product but sold next to nothing. If they cannot come up with the deal it’s going nowhere. What concerns me is that after the recent fund raising the board feel no urgency. No revenue, no profit, penny share price. But the board are still amply rewarded. Good test results do not equate to a higher share price, you still have to sell the product.
Overnight Market report, page-2300
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2506 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 8079 | 1 |
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| IMM (ASX) Chart |