I think some of the volume recently has come from sellers from the recent placement at 22c.
Details of the UK deal (which was the reason for the placement) have not yet been announced, and a few punters are getting nervous about delays and seem very happy with a 50%+ return.
The question is whether it is a "buy the rumour and sell the fact" situation, or whether the UK deal (and any others in the pipeline) are in fact bigger than what the market expects.
Personally I am happily very long and punting on the latter. The current market cap and potential for a well structured VOIP business suggest enormous upside.
Good luck
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2.5¢ |
Change
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Mkt cap ! $19.16M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 1089360 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.026 |
2 | 321511 | 0.025 |
1 | 32000 | 0.024 |
1 | 150000 | 0.023 |
1 | 200000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 1089360 | 2 |
0.031 | 16800 | 1 |
0.034 | 199807 | 1 |
0.038 | 50000 | 1 |
0.045 | 147117 | 1 |
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