Fintech, page-3

I think its an interesting yet highly speculative play. I have had an order in ever since their announcement about potentially acquiring something FinTech at 0.1c but no fill yet.

The risk reward and smoke signals aren't there for me yet to double my bid up to 0.2c but that might change in time.

I would not though that it was interesting after someone - perhaps impatient who gave up waiting - paid up and grabbed a parcel at 0.2c the following day a tiny $50 trade pushed the price back down 50% to its old 0.1c price. Not an uncommon occurrence in some stocks, but it was strange to see on such a thinly traded stock.

Whether that was someone trying to keep the price looking low or maybe even the same person who bought selling a parcel will likely only be told by looking at the broker data. That wont confirm anything, might provide some clues though. Alternatively might be an arbitrage bot or something as the equity is dual listed.

Anyhow, will keep watching with interest and if someone wants to offload a few shares at this price, ill take them for a punt