Drift around ?
If you can’t see this is being worked, you have your head in the sand. It’s down almost 20-25% in a week
Director buys into 22c, immediately offered at 19c, sells exact into the bid to open to new lows, unmarketable parcels being used to drop it 1.5c
It isn’t complaining ... it is pointing out:-
1. Blatant manipulation
2. Failure on SP3’s management part that need to be addesssed
Perhaps if more shareholders put pressure on management to spice it up, release more timely updates etc, they’d take the hint
“If/when they can release strong rev growth, continued improvement in margin and contained costs the SP will take care if itself.”
The most foolish thing you can assume and the exact reason we are at 16c. Management think the same way. The SP hasn’t taken care of itself on the last record numbers and 40% growth, SP’s in a market of 2,000+ stocks don’t just take care of themselves, you need to promote the stock and upsell the potential
Do you really think we will announce being CF+ and should they continue with their style of shareholder communications / promotion the market will just suddenly notice SP3 and the stock rerate ?
Again I’ll ask ... how can other groups have shells sitting at $15-30M caps, when SP3 can’t muster to hold $8M value now. It is all down to how the stock is promoted
Guarantee you give some deep pocketed broker 2-3M 30c options, you watch how quick SP3’s fantastic growth story gets hocked around and the SP double
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.942M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138880 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 649122 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 260900 | 0.017 |
4 | 1222190 | 0.016 |
1 | 20000 | 0.013 |
1 | 50000 | 0.010 |
2 | 200000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 100000 | 1 |
0.019 | 162000 | 1 |
0.021 | 203398 | 1 |
0.022 | 109551 | 1 |
0.023 | 700000 | 1 |
Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
SP3 (ASX) Chart |
Day chart unavailable