I sold last week, thank god.................should have sold a lot earlier. I burnt a lot of money here. The primary reason I sold is that I need the money for something else.
I like this company and I like the product, but
- It is obvious there soon needs to be a capital raise,
- Without SC decision in our favour the CR has to be less than current market,
- With SC decision in our favour (soon) and then capital raise the market price will obviously increase.
The only reason I can logically see for management holding off on a CR is they are banking on the SC decision being very soon.
Am I missing something ??
By the way if the price keeps going lower I will be tempted to buy back in again !!
Ta
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $163.4M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 42.3¢ | $421.4K | 963.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 21409 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 16597 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3480 | 0.440 |
13 | 76587 | 0.435 |
5 | 60752 | 0.430 |
9 | 37655 | 0.425 |
10 | 121622 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 17735 | 15 |
0.450 | 50710 | 9 |
0.455 | 101563 | 8 |
0.460 | 30607 | 6 |
0.465 | 54651 | 3 |
Last trade - 15.53pm 24/07/2024 (20 minute delay) ? |
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