People always talk about how good this management team is.
I am questioning their ability and suggest their skills are at the technical end but not at the value proposition end.
For every bit of great news immediately following is always a corresponding detrimental announcement and a continued sell off by management.
This consolidation changes nothing in relation to the company value but as can be seen by today's SP drop of 10% investors have decided enough is enough.
Running at a 50% loss with substantial (for me) holdings after so much good news makes me think my money is better served elsewhere.
I am more fearful now of another 3B than hopeful of an announcement of a substantial partnership.
Whilst most businesses charter is to look after shareholders, this looks very much like directors looking after themselves.
Now down 13.33%
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Last
$3.32 |
Change
0.030(0.91%) |
Mkt cap ! $353.2M |
Open | High | Low | Value | Volume |
$3.31 | $3.45 | $3.18 | $1.482M | 447.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 8721 | $3.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.33 | 294 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4676 | 1.920 |
2 | 7000 | 1.915 |
3 | 23879 | 1.910 |
3 | 4434 | 1.905 |
25 | 104490 | 1.900 |
Price($) | Vol. | No. |
---|---|---|
1.945 | 4000 | 1 |
1.950 | 2979 | 1 |
1.955 | 2979 | 1 |
1.960 | 2979 | 1 |
1.965 | 2979 | 1 |
Last trade - 11.40am 15/11/2024 (20 minute delay) ? |
WBT (ASX) Chart |