JSB you said
I think what punters are missing is 100 million shares are about to go live, and these guys paid 1c for them on that basis where do you think the share price is headed? Probably $1-00 plus based on other companies in the industry
Irrespective if there is a demand for sanitiser to fight Chinese Virus these guys are weeks or months away from manufacturing in volume let alone selling and creating any decent revenue IMO. unsubstantiated information
Given their past performance, IMO, they will soak the $1m in fees and "R&D" costs to related parties and these punters will be in a world of pain.
Highly unlikely given the fact that the RD has already been done over the past 2 years and directors have announced previously they are paying themselves in shares and not cash
On top of that, these 100 million shares will more than soak this artificial demand based on hype IMO. Maybe you are so negative because you really want to pick up some of this stock but highly unlikely much will come out
IMO everyone should be waiting for the next round of updates to see what type of orders will be coming in.
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0.5¢ |
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Mkt cap ! $2.947M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 163130 | 0.4¢ |
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No. | Vol. | Price($) |
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1 | 163130 | 0.004 |
6 | 4333333 | 0.003 |
3 | 1835333 | 0.002 |
9 | 6802098 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 461008 | 1 |
0.007 | 1457000 | 2 |
0.008 | 200000 | 1 |
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