I think you are delusional if you think the share price is being manipulated by traders who want a bigger stake in the company. There are over 104 million options which require over $10million in cash to be exercised.
It’s a vicious cycle. The share price is being capped by people cashing up for option conversions. The option price is capped by day traders who thought they could get 1000% returns! And the cloud over the head of the whole company is that there is no cash coming in the door while cash is going out the door. The great big hope for everyone is some big brother savior lobbying a takeover bid, but that has been talked about for years. I'm guessing that was the whole reason to list back in 2001, to attract a takeover bid?
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $23.45M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.6¢ | $8.096K | 297.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 121152 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 121152 | 0.026 |
6 | 645000 | 0.025 |
2 | 3453333 | 0.024 |
1 | 130000 | 0.023 |
4 | 825000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 100000 | 1 |
0.029 | 10000 | 1 |
0.030 | 78408 | 5 |
0.031 | 280868 | 5 |
0.032 | 513492 | 2 |
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