The thing is, if it was properly managed, the SP would be very FAR north of 4 cents, and they wouldn't have to raise at 4.25 cents. And I doubt even the most pessimistic punter at the time (myself included), would have predicted a 4.4 cent outcome at this stage.
I raised the issue of Mgt about 2 and half years ago before selling all at 8.1 cents, but was met with a torrent of abuse from the same defenders now.
Any way, its a sad outcome for "genuine shareholders" who got seduced into the fairytale outcome.
I sincerely hope the "genuine holders" get something out of it or recover the loss here from other stocks.
IMHO, if holders can hold onto it, for another 5 to 10 years, they might make a return. Note, that is not financial advice, just an opinion.
For me, I will wait for an opportunity to trade. But not yet.
AIMHO and DYOR.
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 49.5¢ | $12.74K | 25.29K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 89162 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 2297 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89162 | 0.495 |
1 | 99999 | 0.490 |
3 | 114597 | 0.485 |
4 | 260000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 2297 | 1 |
0.505 | 88712 | 1 |
0.510 | 112672 | 2 |
0.515 | 120000 | 2 |
0.520 | 149917 | 3 |
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