Yep, just a tickle into 0.6, capitulation, and fear. = opportunity.
When they are flushed out, those CR flippers, can no longer influence the price.
Nothing has changed long term, and the ops were trading at 1.2-1.6c when the heads were at 8-9c.
All that you have since then, is an improved quarterly revenues, expansion continues, and then an oversupply of CR flippers.
8.5c CR plus free option. = 7.7c + 0.8c break even. Simple math.
The outlook of the leverage buyer, is different to the price mechanism of a capital return seller.
One is in control of the price action today, typically the other will be when the former have vacated the building.
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Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.506M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.9¢ | $9.426K | 241.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 134849 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 109997 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 134849 | 0.038 |
3 | 102080 | 0.037 |
3 | 108330 | 0.036 |
2 | 205710 | 0.035 |
1 | 30000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 109997 | 2 |
0.040 | 124167 | 3 |
0.041 | 159621 | 2 |
0.042 | 386352 | 4 |
0.043 | 34483 | 1 |
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