I think you are looking at this in a one dimensional frame of mind. There are a fair amount of long term holders and short term holders that have purchased between 0.003 and 0.014 and are entitled to "get off the train" when ever they want.
This isn't simple maths, there are people joining and selling at different intervals.
From what I have read and understood this is a long term hold and the management seem on the ball.
Implying people are stupid or dumb who are not aligned with your beliefs is counterintuitive.
People who add negative or positive information without first hand information should be ignored.
ROG Chart, page-27
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.68M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $64.63K | 16.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 45070625 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1069554 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ROG (ASX) Chart |