No I was not surprised and more importantly never said I was surprised. When you have no liquidity the SP will drift all over the place, but this is meaningless to the long term future of a company. JAY will live or die by how it delivers on its business plans, not if a few thousand shares trade hands at a low (or high) price.
I think with the GSW & BUD prangs the market is cautious towards tech stocks until they have proven themselves. Can make for some very good buying if you are a long term investor.
Now back to YOW. It has missed all its targets for years and yet it still has people who want to buy it. How many $10s of millions of shareholder value does it have to burn before some people call it quits?
No I was not surprised and more importantly never said I was...
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.734M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41666 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 117143 | 1 |
View Market Depth
| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| YOW (ASX) Chart |
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