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In the spotlight - New Virgin Top Gold Discovery, page-217

  1. Dumaguete22
    8,022 Posts.
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    30/08/22
    11:19
    Post #: 63403635
    the point here is the immediate dumping post-funding, nothing to do with market conditions at all, the IPO was in boom boom times and was dumped massively, SPP was underwritten on the back of a new discovery and dumped immediately.. i cannot make excuses regarding market conditions for this stock, market conditions mean nothing here, it cannot even produce one green day or show one glimpse of even a mediocre bounce..

    150% gains needed from IPO

    60% gains needed from SPP

    it is showing all of the characteristics of a dog stock .. wouldn't you agree?
    Last edited by Dumaguete22: 30/08/22
    OZM Price at posting: 10.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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