You are not missing anything.
Until the brokers and instos believe in the company the SP is at the mercy of the big boys manipulating it. There was only one broker at the AGM and he said that he would like to see a breakdown of where the sales and growth is in the business. I hope they release a quarterly activity report that shows the extent of growth because the 4C announcement had nothing. Look at BUB's report. All they did was show percentage increases which even though they had a $5M loss, the percentage excited the market even though they mean jack sh!t to the bottom line.
It is a stock for DT's at the moment and LT holders need to have patience while the company builds some confidence. It may take two or three more quarterlies to show the potential. The SMRA approval is also vital. The re-rate is some time away imo.
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Last
34.5¢ |
Change
-0.015(4.17%) |
Mkt cap ! $58.28M |
Open | High | Low | Value | Volume |
36.5¢ | 36.5¢ | 34.5¢ | $13.27K | 36.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8948 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 9426 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1801171 | 0.056 |
17 | 2403917 | 0.055 |
3 | 190000 | 0.054 |
2 | 220000 | 0.053 |
1 | 50000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 95645 | 1 |
0.058 | 109100 | 2 |
0.059 | 626122 | 3 |
0.060 | 600000 | 3 |
0.061 | 371000 | 4 |
Last trade - 14.36pm 29/11/2024 (20 minute delay) ? |
JAT (ASX) Chart |