all well and good if i used that theory with all other stocks that i think very undervalued i would be millionaire by now. i have tried that and always failed reason being there reason why stock is at current MC because market sees no value and is happy to continue selling down.
unless something material changes the SP will continue its decline
when this was 10c there were dozens on this forum claiming it was bargain and they would keep buying and it was so cheap and we would lower our bids. bear in mind the MC was not far off from what its now. difference being shit load and endless no of dilutions which has brought the SP down to current levels.
all the best to your strategy and hope you do well
Fishy’s 40 bagger, page-101
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0.8¢ |
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Mkt cap ! $6.992M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $1.26K | 157.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3340802 | 0.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2509863 | 7 |
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