Nice post. Why do you think the it is "fundamentally rooted"? All signals point the other way.
This is what happens when the bid/offer is so thin that 50-60k shares can push it 3-4c either way.
All the information that is available that points the requirement of at least a one or two month investment horizon requirement until July revenue, funding outcome for FNT, and Ebitda +ve date are announced. Can the market ignore the revenue growth that is being achiveved for the long term? Of course not.
If people do not have investment timetable then get out of the stock. No ramping about this or that rumour would be nice too.
Reacting to news rather than predicting it might be a more realistic behaviour pattern for some.
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Mkt cap ! $78.68M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 12500 | 4.8¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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4 | 56522 | 0.045 |
1 | 1000000 | 0.044 |
3 | 120001 | 0.043 |
3 | 47405 | 0.042 |
3 | 44390 | 0.041 |
Price($) | Vol. | No. |
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0.043 | 22297 | 1 |
0.045 | 20000 | 1 |
0.047 | 200000 | 1 |
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