That is the email I received. I'd never heard of the company until then, but I was curious so had a look.
I've seen this kind of stuff many times before from HotCopper and on The Market Herald. Soon as I saw what had happened to the share price, it had pump and dump written all over it. If I was a shareholder I would have definitely sold today, even if I liked the company because there is high probability of buying back in at lower prices.
It did make me aware of the company, and I'll have a look at it, but they are starting with a big red flag against them.
This is the liars end of the market and one of the things I would absolutely is agree with was by the poster below. Whenever dealing with this end of the market, you're going to get wiped out unless you go back a couple of years and look at earlier announcement, because it will tell you whether management has a history of delivering on its promises.
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.55M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.5¢ | $48.13K | 289.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1855296 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 252748 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1855296 | 0.165 |
12 | 327521 | 0.160 |
6 | 218612 | 0.155 |
12 | 651694 | 0.150 |
19 | 508717 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 252748 | 7 |
0.175 | 114890 | 6 |
0.180 | 747746 | 8 |
0.185 | 400000 | 5 |
0.190 | 489981 | 9 |
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