Low margin cash burner.
gonna take a lot more than $1m Q to turn this type of business positive.
Note JP buys most stock for SMSF just days before "increased order" ann pump, and then dumps total of same 1m buy after pump at 2.8c.
He's an insider via Celtic, nice look.
If people think this type of biz is "cheap"
think low margin, maybe 10% OPU, so work volume must increase far more than current.
See income vs production base costs
Low margin cash burner. gonna take a lot more than $1m Q to turn...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $14.13M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $5.25K | 50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 173305 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 102736 | 2 |
View Market Depth
| Last trade - 15.30pm 18/11/2024 (20 minute delay) ? |
| WSI (ASX) Chart |
