Maybe. I think there are many reasons this info may have been released straight away. Things that come under the general umbrella of ensuring a fully informed market/trading of company shares is possible.
We've been told no more capital raisings. But, a cr to fund manufacture in order to meet sales demand would be a very different thing to a cr to keep the lights on. Personally I hate CRs as they often lead to market manipulation, a depressed share price and the fleecing of retail holders to the benefit of the so called sophs.
We all want to see the numbers of sales and the numbers of orders and some estimate of future sales. We want estimates of future numbers but one silver lining on the cloud of not having them might be that it indicates management want to deal in concrete figures rather than estimates and are not into pumping the sp.
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Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 14.0¢ | $71.49K | 479.6K |
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No. | Vol. | Price($) |
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1 | 5000 | 15.0¢ |
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Price($) | Vol. | No. |
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16.0¢ | 6886 | 1 |
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1 | 23529 | 0.034 |
1 | 63140 | 0.033 |
1 | 25000 | 0.024 |
1 | 60000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 20000 | 1 |
0.045 | 93965 | 2 |
0.048 | 100000 | 1 |
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