Beston deal is dead. No new sales in vicinity. Cash burn-rate at $100K to 150K a month, dwindling remaining cash reserves. My guess when we see the Financials for 2017-18 FY in Sept there won't be enough cash to keep the company afloat for another year. So with no prospects of capital injection (and who would do it?) it would criminal for the Management and the Board to trade while obviously insolvent in the near future.
I bought once shares in DDT at 41c and sold when they dropped to 19c - at big loss. But since then I never thought they were good value when they were 15c, or 10c, or 5c or as they are now - at 0.2c. And if I still hold some I would sell them at least to cash something as there are now 20 bidders willing to buy almost 17m at that price, because in a few days the price may drop to 0.1c and then to zero.
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Beston deal is dead. No new sales in vicinity. Cash burn-rate at...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.632M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3266350 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 171990 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1684641 | 0.006 |
6 | 6276315 | 0.005 |
4 | 1430000 | 0.004 |
3 | 3296262 | 0.003 |
8 | 8550000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 979869 | 3 |
0.008 | 3300000 | 5 |
0.009 | 181061 | 3 |
0.010 | 757593 | 4 |
0.011 | 300000 | 2 |
Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
DDT (ASX) Chart |
Day chart unavailable