Marmaduke,
It only makes sense for money to flow to shareholders when the money has less value to the business than it does to shareholders. If that's true anytime soon then a) the company doesn't have a grow able business anymore pretty early in its life, or b) the company is taking in crazy amounts of money. I'd hate to see a) and I really can't imagine b). For now the company needs to continue to grow the business as funds allow.
As for what will take it over 5c, my view is either a) luck, where enough people or someone big enough see's enough in the long term future to drive the price up; or b) we get past through this slow quarter and then start to see what the company will be more like on a YOY basis where it's plain for a wider audience to see the potential; or c) the company announces something new that we don't yet know about that sparks some additional interest. Unfortunately, for the medium term sp, I don't see given the stock hasn't been already driven over 5 why it will be driver over 5 soon. However I also think that in the second half of the year 5c won't even be on the radar anymore.
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Mkt cap ! $32.20M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 40000 | 0.077 |
2 | 107285 | 0.070 |
1 | 50000 | 0.061 |
2 | 113183 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 7573 | 1 |
0.097 | 5941 | 1 |
0.098 | 38867 | 3 |
0.099 | 203500 | 1 |
0.100 | 70291 | 2 |
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