Quite a tricky situation for Reeve.
He won't even be raising at 2c now - have to show those with deep pockets some value, yet not dilute the heck out of it either.
Main problem is that there is always some reason for slipping timelines.
Promises of future value, but nothing concrete yet.
Until we have something firm people can get their teeth into this is going to be treated as a penny stock. Management failure to deliver on timelines is wearing off for many.
How is it we're so tightly held yet the trading has just trashed the price. Tells me the big end of town has been selling. Why?
We are simply going to have to get solid news very soon to right the ship again.
Quite a tricky situation for Reeve. He won't even be raising at...
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $103.8M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $109.5K | 785.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 782608 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 10459 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AEE (ASX) Chart |