I think a lot of people originally bought cym based on the old MDs rhetoric and charisma. Unfortunately he turned out to be over confident and under estimated a lot of critical pieces and in turn the share priced crashed.
The original thesis was these gurus were going to bring their heap leech IP to nifty and apply what they did overseas here.
With the new management now driving the ship and all the old management long gone there is no IP anymore and a new plan with new management has been created.
At this stage all long term holders have lost so much $$ at this point they don't see any reason why to sell now.
BW is a classic example of buying right before the 50% price declines and relentlessly talked up Barry the old MD. Other people tried to warn him and when there predictions came true he would call it hindsight.
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.83M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.0¢ | $30.55K | 998.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 553308 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 205746 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 553308 | 0.030 |
2 | 290413 | 0.029 |
3 | 621346 | 0.028 |
6 | 355654 | 0.027 |
4 | 726305 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 205746 | 3 |
0.033 | 193548 | 1 |
0.034 | 1000000 | 1 |
0.035 | 410525 | 4 |
0.036 | 81353 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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