I can see why some people may bail. Current revenue not huge. The profitable part of the business is being sold. Forecast cash-burn until we increase sales considerably. Stock arguable in down-trend since end of 2015 so TA not strong.
Others will see the potential, the existing blue-chip clients, the world-leading product, the global partnerships and strong balance sheet (post sale). The shareprice has recovered from its lows back in March, so you could argue that we've turned the corner.
Good arguments for and against - maybe that's why we're languishing a little. I'm still in for the long term.
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I can see why some people may bail. Current revenue not huge....
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Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $99.87M |
Open | High | Low | Value | Volume |
5.3¢ | 5.3¢ | 5.1¢ | $125.4K | 2.416M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 737406 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 46363 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31009 | 0.160 |
1 | 74247 | 0.155 |
10 | 742532 | 0.150 |
7 | 544595 | 0.145 |
4 | 319049 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 126720 | 2 |
0.170 | 625000 | 3 |
0.175 | 120000 | 1 |
0.180 | 68832 | 2 |
0.185 | 140908 | 2 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
EVS (ASX) Chart |