Spot on precis.
Investor50 you have rose coloured glasses on and don't fully understand what has transpired here.
In August 2016 the shares were ~ 35c, capitalisation $105m.
Shareholder value has been slaughtered since, most in the period 2017-2019.
Broken commitment, after broken commitment.
The senior management and board has predominantly been the same. Strategic direction the same.
Revenues have maintained circa $90-100m over the journey.
No profits. Loss after loss. Excuse after excuse.
I'm surprised, given this debacle, that an 'old stockbroker' like you would be so willing to forgive, forget and move on.
Those responsible need to be held to account.
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Last
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.10M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 15000 | 1 |
View Market Depth
| Last trade - 10.00am 01/08/2025 (20 minute delay) ? |
| VRS (ASX) Chart |
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