To be fair.. if the share price was 10 cents we would all be alot happier with the situation. The shareprice is also something that the board has very little control over.
We are blaming the bad performance on the boards recent capital raising blunder and determination to raise at some point in the future.
I think the issue is a little bit more simple.. there is no buyers. Anytime someone needs to sell for whatever reason they have to hit the buy side and the price slides.
If I wanted to invest here I wouldnt be rushing at all but just waiting to see how low it goes. If there a capital raising then even better. There really isnt any short term catalyst that creates FOMO so people are content to wait.
Expecting the management to come to the table regarding marketing the company to new investors is something they have never really done and no need to do since Al Tasnim will happily support any raise. Al Tasnim will be privy to all the information we wish we had and are most likely very happy with a low shareprice.
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To be fair.. if the share price was 10 cents we would all be...
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.54M |
Open | High | Low | Value | Volume |
3.0¢ | 3.2¢ | 3.0¢ | $16.31K | 535.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44008 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 266675 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44008 | 0.030 |
3 | 55777 | 0.029 |
2 | 170913 | 0.028 |
2 | 422585 | 0.027 |
1 | 500000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 216675 | 3 |
0.033 | 200000 | 1 |
0.034 | 59382 | 2 |
0.035 | 438029 | 2 |
0.036 | 1000000 | 1 |
Last trade - 15.36pm 19/06/2025 (20 minute delay) ? |
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