in a market like this shorter's are always going to win when you have management totally happy to keep spending and increase losses with revenue
as long as management have their head in the sand and continue to ignore the market, the share price can only go nowhere. there isn't a real business invest in right now. only high risk blue sky which most fund managers aren't interested in today.
there's just way too many opportunities in the small cap market right now and this doesn't rank.
the only strategy to sustainable profit growth management have is sell in every market you can, sell to every possible medical condition you can and do all this all at once (with all the associated costs) and hope for the best.
management are still in empire building mode with zero interest in investor returns for shareholders this year (and its only this year provided they do actually report profit next year as they promised).
fund managers need to report returns regularly and its worthy to note no management buying at all despite the huge share price decline
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$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $1.691B |
Open | High | Low | Value | Volume |
$2.45 | $2.51 | $2.43 | $5.243M | 2.122M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 35541 | $2.45 |
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Price($) | Vol. | No. |
---|---|---|
$2.46 | 2681 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 8773 | 2.450 |
3 | 6522 | 2.430 |
1 | 2681 | 2.420 |
3 | 6302 | 2.410 |
3 | 5925 | 2.400 |
Price($) | Vol. | No. |
---|---|---|
2.460 | 2681 | 1 |
2.470 | 2681 | 1 |
2.480 | 23333 | 3 |
2.490 | 12681 | 2 |
2.500 | 92672 | 4 |
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