stockcity,
The company you refer to has 3 billion shares. No matter how good the news, it is diluted by a factor of 3 billion.
Sad but true. For the share price to get to 10c means that the company is worth $300 million. The "naysayers" have some justification.
This is where some investors forget how many shares have been added since they first invested and still focus on the share price instead of the MC.
Can I suggest if I may that TON is a better investment choice going forward for the next six months (IMO).
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.68M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $192 | 19.15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 120658 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 171697 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 120658 | 0.010 |
4 | 1992152 | 0.009 |
3 | 351251 | 0.008 |
3 | 542850 | 0.007 |
2 | 410000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 171697 | 2 |
0.012 | 255512 | 3 |
0.014 | 283332 | 2 |
0.018 | 166666 | 1 |
0.020 | 2014245 | 3 |
Last trade - 15.43pm 12/08/2024 (20 minute delay) ? |
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