One thing is certain and that's the capping.
The share price appreciation prior to the CR was a signal. It went only so high and probably surprised many. If any frustrated holders really wanted to offload they had their chance above 2 or thereabouts. Many then bought above the 1.5. The CR boys got their fill and offloaded and plenty were churned and absorbed. There are a few brokers buying in and this stalling or capping does effectively allow new and fresh capital in the play. It's a positive imo, the acquisition is a very good one, there are grades and they're very good ones to work on. The capping is a positive and consolidation seems to be in action.
I've been wrong many times with my predictions but only because I tend to get it right just under 50% of the times "short term". I'll stay with my prediction of a 20 to 30 plus MC
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Last
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Change
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Mkt cap ! $6.847M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3.444K | 1.721M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 27646101 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 135249255 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 26646101 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 135249255 | 38 |
0.003 | 12652686 | 10 |
0.004 | 14355201 | 7 |
0.005 | 10555006 | 5 |
0.006 | 2140902 | 3 |
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