Disappointing reaction by the market so far on the back of the best news in a long time, worse news has caused far greater movements in the past. Goes to show you that the years of under performance have taken their toll on the reputation of the company and management in charge. Like I mentioned earlier I think this will take a series of good announcements to get moving and investors will need to see a large growth in revenues coming from these agreements to cover the costs of the new staff and make it profitable.
I hope management now see that and are driven to produce the results needed. I have faith that the new blood and the technology will get this done just will take a while to prove to the market the value here.
In the mean time there will be plenty of cheap shares floating around but with every consecutive positive announcement they will get fewer. Where the take off point is who knows. Happy to be holding and soaking up cheap shares where I can. IMO if good results keep coming and there are no further cap raising we will all be wishing we had taken everything we could at the current price.
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Last
60.0¢ |
Change
-0.005(0.83%) |
Mkt cap ! $105.3M |
Open | High | Low | Value | Volume |
60.0¢ | 60.0¢ | 58.0¢ | $60.42K | 102.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 27000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 175000 | 0.060 |
1 | 75000 | 0.055 |
1 | 250000 | 0.051 |
1 | 200000 | 0.050 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 150000 | 1 |
0.082 | 50000 | 1 |
0.085 | 50000 | 1 |
0.089 | 128572 | 1 |
0.090 | 283197 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
SDV (ASX) Chart |