Rooster,
""I feel that a solid announcement today would have helped flushed these sellers out yet caution remains. However, it does appear positive and I do feel there could be a knock on effect that will see the run we are looking for (in my opinion). ""
I agree with these statement.
Its all about risk v reward. The market is still not convinced that the deal is done because D.D is not quite completed. Throw in the fact that money has still got to be raised and you have another excuse for investors to be wary. The reality is when these are done you won't be buying these shares at 2.2c. I bought more today because I believe that both of these outstanding requirements will be satisfied and dealt with. I can tell you from past experience that when a D.D is being undertaken that the big ticket items that are of concern are dealt with first. The D.D process has been going on for quite a few weeks and there has not been anything come up that would cause concern . How do I know, because the company announced this morning ""that it had not identified anything from the D.D that would prevent the transaction form completing.""
So whatever still has to be searched in the D.D is just minor stuff.
Thats good enough for me.
In relation to the raising, Volt has always shown in the past that it has been able to raise money when required.So the two outstanding items that may concern some do not concern myself.
As I am posting this someone just came in and bought 10 million shares at 2.2c
He obviously is not concerned neither.
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $14.55M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $2.184K | 552.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 75918292 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5239231 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 75918292 | 0.003 |
16 | 23416715 | 0.002 |
8 | 18150001 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5186600 | 6 |
0.005 | 16815298 | 15 |
0.006 | 8860468 | 14 |
0.007 | 11063001 | 6 |
0.008 | 4864155 | 6 |
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