lol... I reckon day traders are loving it! Lots of profit to be realised with the rise from 8c to over 10c providing a better-than 25% profit over a short time-base. Yum! And that area from 10c up is absolutely delicious for a ~5% gain in a single pip trade.
With the upward moment being lost just over 10c, time to sell. Even better if the selling can create a bit of negative sentiment and pull it back to 10c again... which (ooh look!) has happened today.
Tomorrow the day traders will be buying again, hoping for some positive sentiment to push it up to 10.5c or 11c.
This stock is a day trader's paradise and will continue to be until news lifts (or crushes) it.
A new Beginning..., page-247
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #