Firstly welcome (I see this is your first post) and secondly all of your points are valid.
I would sum up your concerns with the statement “it doesn’t feel right” in the sense that when one reads the updates & releases everything looks right. But the sustained crappy share price just doesn’t match up with how things look.
I think it’s important to consider bailing out when the market is consistently telling me I’ve backed a dog. Good on you for at least exploring it, I revisit that place from time to time.
For me, I’ve carefully reviewed the 4Cs and other reports to explore why things feel so wrong. I can’t find a legit reason to be concerned, the business is growing very well and as Von says the missing link of promotion will hopefully soon be in place as PAC begin their work.
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $4.942M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $3.486K | 205.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45460 | 1.7¢ |
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 - 12.33pm 27/11/2024 (20 minute delay) ? |
SP3 (ASX) Chart |