I've been quietly watching this stock for a while.
The high acquisition rate looked folly and has since proven so to my eye but current management are doing what they can and offloading the loss makers.
My only big question is when you sell off assets / parts of your business you also effect the level of top line revenues that you can potentially generate under favorable positions / circumstances going forward.
The acquisitions diluted the share power so much that returns now need to be so much higher to validate the share price.
Sentiment could see the share price higher but i'm not sure it would be supported by fundamentals.
Sold another asset?, page-20
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $102.2M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $4.068K | 30.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 149608 | 2 |
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| Last trade - 13.33pm 06/09/2024 (20 minute delay) ? |
| EXP (ASX) Chart |