I'm wondering if this is just a bit of over enthusiasm and we will see a pretty rapid retrace. I mean the news about Australia potentially legalising medicinal marijuana is great but nothing is going to happen on that score for quite a while (I would guess 6-12 months minimum) and even then there is no certainty that MMJ will be best positioned to take advantage. It might have been enough to tip a few people into buying but I also think a lot of traders might be in hoping to turn a quick profit off enthusiasm.
For my own selfish reasons I hope it's the case anyway, I like the company and think its worth a punt but just haven't been in a position to buy in - hope I get another chance.
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Mkt cap ! $9.043M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10318 | 4.2¢ |
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Price($) | Vol. | No. |
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4.5¢ | 49892 | 3 |
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No. | Vol. | Price($) |
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1 | 10318 | 0.042 |
2 | 299302 | 0.041 |
1 | 26800 | 0.037 |
1 | 25000 | 0.020 |
1 | 288888 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 49892 | 3 |
0.047 | 55000 | 2 |
0.049 | 130000 | 2 |
0.050 | 12267 | 2 |
0.051 | 20700 | 1 |
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