Your right there 😁😁
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Just dropped at the end of the day. I actually thought I was going to see it climb a cent at the end of the day. Not drop.
Not too worried.
Could be a desperate seller needing weekend cafe/restaurant spending money :) as there is a absence of buyers...or a "fat finger incident" or it could have a faint smell attached to it, which Thursday or Friday are good days to do it. ..
Lets see what happens over the next few (trading) days..
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Damm...I'll try again to produce an image
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Funny that the report actually did not mention any loss
Very thin volume on the bid side as well, just needs one half-decent ask to drop into the bid to wipe the line to $1.00
Don't like these very low liquidity, big spread and tiny recent trade stocks. Too hard to make a buck.
Don't rely on media reports to inform about everything. They are there to satisfy the skim readers..If you are short of time it is better to download the Annual Report and skim read that. The group overview on page 6 / 85 shows the Net profit loss very clearly.
its not about the quality of some movies and un doubtably some do very very well its the quantity of good movies. movie theatre's need quality volume to keep the punters going every week. sadly the volume of quality is thin thats why it will be a struggle for theatre's on going.
even the straight release to streaming is not helping