It needs a propellant or catalyst before the share price will kick upwards and the question is what is that going to be. Loose, non-binding arrangements don't cut it any more so it is either going to be a serious improvement in financial performance by way of product from CDC and some major reductions in costs as it appears there is some leakage back to Brisbane or a new agreement of substance that is going to push more raw milk through the plant to get production up.
Right now I cannot see either happening and the 2 month moratorium for a "new" strategy is just wasting time whilst those with snouts in the trough continue to feed init at shareholders expense.
To try and graph or do any for of chart analysis on the company right now will not yield much information as the basic indicators have no trending one way or the other.
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Last
4.1¢ |
Change
-0.004(8.89%) |
Mkt cap ! $12.63M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.0¢ | $78.25K | 1.852M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 141836 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 740876 | 0.125 |
10 | 545141 | 0.120 |
4 | 362511 | 0.115 |
7 | 208000 | 0.110 |
1 | 25000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 88114 | 3 |
0.135 | 253636 | 8 |
0.140 | 460127 | 9 |
0.145 | 165385 | 2 |
0.150 | 157451 | 5 |
Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
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