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.
I'm sure they know that it is practically inevitable that a...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $51.71M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $63.06K | 485.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 108999 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 332060 | 5 |
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| Last trade - 14.55pm 19/07/2024 (20 minute delay) ? |
| TEK (ASX) Chart |