PHX 0.00% 3.1¢ pharmx technologies limited

I wasn't able to attend the AGM but interested to hear from...

  1. 2,425 Posts.
    lightbulb Created with Sketch. 148
    I wasn't able to attend the AGM but interested to hear from anyone who was there.

    It was a positive to read that customer base has stabilised but where is any significant growth coming from even in the medium term? Any questions from the floor about acquisitions. The Chairman's address makes no mention of actively looking for a suitable acquisition, merger or any other type of relationship to develop other income streams. This would be the first time in ages where this has not been mentioned as a growth option.

    It looks like it is now a complete focus on developing organic growth. Hopefully this can be fully funded from cash flow rather than burning the substantial cash reserves.

    If the customer base has stabilised and the new products are well accepted then some increase in prices can follow.
 
watchlist Created with Sketch. Add PHX (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
0.000(0.00%)
Mkt cap ! $18.55M
Open High Low Value Volume
3.1¢ 3.1¢ 3.1¢ $47.02K 1.517M

Buyers (Bids)

No. Vol. Price($)
1 500000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 1090130 3
View Market Depth
Last trade - 14.18pm 28/03/2024 (20 minute delay) ?
PHX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.