They need to do what others are doing.... Simple as that...
One also needs to keep in mind we are getting up from a KO . Major shareholders who also has an interest in Red Hill Iron were like all of us hoping to score with the West Pilbara iron ore project. That is now bitter memories...
But little Helix HLX was also a victim. But they managed to focus on one thing and now SP is over 10c from 2c and they are attracting very important investors... The same could be said about Volt VRC, and many other has-been penny dreadful..
To attract new investors Cullen Board and the major holder needs to revamp the business.. bring in new blood and create at least one core project to build on.
On the other hand, the devil in me thinks : management is happy to maintain their salaries .. and the major shareholder is content with having another shell company to shuffle money around...
I am still listing to my guarding Angel, who put me on PLS at 3c... VRC at 1c, and so many others... and will give Cullen more rope...
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.160M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $2.5K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 5284292 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1014999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 183530 | 0.012 |
1 | 90820 | 0.011 |
1 | 99900 | 0.010 |
2 | 178000 | 0.009 |
1 | 1428714 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 45602 | 1 |
0.015 | 75598 | 1 |
0.016 | 80000 | 1 |
0.017 | 711750 | 1 |
0.018 | 267069 | 1 |
Last trade - 10.02am 22/11/2024 (20 minute delay) ? |
CUL (ASX) Chart |