It can get back up there and well beyond very quickly (dare I offer the view of in excess of 90 cents in less than 12 months) and on sound sustainable footing rather than on a one shot spike but the current structure and focus has just gone all awry and is just plain wrong to generate that sort of value. Aggregation and integration is right for this business in this current market but the current execution of those two concepts is currently appalling.
To get in to gear they need new and fresh thinking as the brutal boot boy view would be this is a company with no real assets, minimal cash, a low share price with limited appeal for shareholder capital raising, no appeal for private investment interest and no ability to borrow any more because it cant break-even and is fully stretched on current lending, no confidence in the current team and non visibility to the investment community.
Harsh harsh words but reality can be like that at times. Over 90% of wild animals get eaten alive, another harsh view but that's reality. So we have to face it or get eaten alive and my fear is LianHe and Tian Mei are hungry and smell blood.
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Last
4.1¢ |
Change
-0.004(8.89%) |
Mkt cap ! $12.63M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.0¢ | $78.25K | 1.852M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 141836 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 740876 | 0.125 |
10 | 545141 | 0.120 |
4 | 362511 | 0.115 |
7 | 208000 | 0.110 |
1 | 25000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 88114 | 3 |
0.135 | 253636 | 8 |
0.140 | 460127 | 9 |
0.145 | 165385 | 2 |
0.150 | 157451 | 5 |
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