Guess my main point is as all of us here seem to agree the shares are ridiculously underpriced, the real problem I see is that is just not the case when they sell a large slab of the entire company at even LOWER prices.
It's a little bit of blinders by some here that think people are crazy to sell their shares under 10c then think it's great the company sells them for 5.5c.
Good to take a step back and look at the situation objectively sometimes and the result of that look in this case is to see a company trying to avoid insolvency.
I'm holding and still have a buy sentiment but as I've stated this basically is now a takeover play for me, if I'm proved wrong I'll be damn happy like all the other holders.
Guess my main point is as all of us here seem to agree the...
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 11.0¢ | $9.777K | 86.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3923 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 256575 | 6 |
View Market Depth
| Last trade - 15.50pm 02/12/2024 (20 minute delay) ? |
| VMT (ASX) Chart |
