I'm sure they know that it is practically inevitable that a share price slides after consolidation. That's why they have a pile of good news ready to light a fire under it. Right management? About time to reach into your bag of tricks, down 20% this last couple of weeks.
Our big problem is we sell the stuff for bugger all more than the cost to make it. What I don't understand is the lack of motivation to reduce costs. From memory, by its own reckoning waste palm oil is/was 30% cheaper than tallow and a pilot run was trumpeted as a success. "Production quantities" has been filed in the gunna happen bin for more than 2 years now. What gives? Now we have the guys that were going to supply/offtake it suing us for nonperformance???
I don't believe any facts were harmed in the making of this post but I would check for yourself.
reverse split?, page-5
Add TEK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $54.24M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $1K | 7.407K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 240000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 1267400 | 9 |
View Market Depth
| Last trade - 13.16pm 14/06/2024 (20 minute delay) ? |
| TEK (ASX) Chart |