seems like everyone is bailing out, market is crap so dumping all the pennies - an emotional detraction from the stock and pain it has caused resulting often in a sale at the worst time.
Selling the loss making division makes TEE a legitimate going concern, and given Beam is has been profit making for over 2 years we can actually get a PE.
I am sitting tight regardless of the SP, and putting the shares away till we get 2 quarters in a row with Beam profits. Hope Gesaf are satisfied in destroying the SP, it was always expected, but looks like they hurt their own pockets. (the investors that bought largely 1.8-2.1 cents)
Don't now why you would ST trade this stock now (like the guy at 0.9 for 3.4mm who bought a few days ago)
Vote yes to rid the company of the loss making division on 7 Mar. and 31 Mar we can view the two divsions separately (Beam had a 2.7mm contract in this current quarter so expecting a segrated quarterly profit)
seems like everyone is bailing out, market is crap so dumping...
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $10.00M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $15.35K | 144.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12870 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 47371 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TEE (ASX) Chart |