''I am trying to understand why the Board decided to raise at 2 cents. In short, I'm asking you what you think their strategy was/is. Why are they raising at 2 cents???''
Either they are completely and utterly clueless ( entirely possible if the rest of the ASX is anything to go by) or they had no choice.As I've said previously, with these people at this end of the market, the main priority is keeping the salaries going
Having said that, I am somewhat comforted by the fact that Merchant is the broker as they are definitely not like your average boiler room in WA
Trying to Understand the 2.0c CR Strategy, page-2
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62.5¢ |
Change
0.050(8.70%) |
Mkt cap ! $65.94M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 63.0¢ | 57.5¢ | $117.5K | 196.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 59.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 2484 | 2 |
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