Yuk,
Market not too impressed with the "delay"...which is not really a big deal, but will be viewed as this by short-term punters who got in on Friday.
Investors should not worry about such things, after all they are still up on Friday...and cnsiderably up more than last week...but new entrants, like me, do not like to be stuffed around by obvious "trading games" by those treating the stock as their own play thing...it does not engender support.
As I said earlier, in light of ths view I will continue to watch on for a signs of stability before taking a decent line.
I wonder however if the company is simply trying to calm the market somewhat?
As for his comment..."caught me by surprise"...lol...may have well just shot the stock in the head, as those with reason to knock this down will use such comments to their advantage.
I sold the minute I heard that, not because I don't like the stock, but becasue I can see there are players in this...and comments like that play right into their hands given the recent flurry of interest...so my exit was generated is essentially driven by the flag I read from the BRR interview...
For me, the flag reads..."the stock has got ahead of itself"
Strange the company would do this, when a little careful "management" of one's words wold have achieved a much better outcome?
So...are they ready to let it run or not...I am not so sure now?
But why?
Clearly the drill will do the talking...but there is more to managing a company than just the ground activities...especially when you are engaged in a capital raising process with an "active trader" in your stock, who's impact on dilution id commensurate with the share price.
I wonder if DBZ would be less interested if the price were too high...I also wonder if there might be an upper limit to go with the lower limit on this deal...in writing or otherwise?
Might explain the hosing down we all just got?
lol
Anyway, I may just sit this one out a little longer now, perhaps wait for the players to either lose control again...or...load up again if that is what they are doing?
Either that, or wait for the point the company is actually happy to take on new investors...which currently they appear not too interested in?
Watching on.
Cheers!
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.96M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 548291 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 70708 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 548291 | 0.049 |
2 | 25520 | 0.048 |
1 | 100000 | 0.046 |
2 | 173952 | 0.045 |
1 | 50000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 70708 | 2 |
0.054 | 96554 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 212209 | 4 |
Last trade - 11.00am 12/09/2024 (20 minute delay) ? |
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