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
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M |
Open | High | Low | Value | Volume |
52.0¢ | 52.0¢ | 52.0¢ | $1.562K | 3.004K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17440 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 22471 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17440 | 0.515 |
2 | 35000 | 0.510 |
2 | 45521 | 0.505 |
2 | 33878 | 0.500 |
1 | 30000 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 22471 | 1 |
0.550 | 82295 | 3 |
0.600 | 25953 | 2 |
0.610 | 2000 | 1 |
0.000 | 0 | 0 |
Last trade - 15.41pm 09/07/2024 (20 minute delay) ? |
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