I totally agree with you here. My feelings is that they used shareholders to get the company up and running and are looking to take it over (I concede I might be wrong, but everything that's happened lately has led my thoughts there). However, the other thing that crossed my mind was, they might also be keeping the price low so the company can buy some shares back and reduce share numbers, which isn't a terrible ploy, but it's ridiculously unfair to those who couldn't hold out and had to sell. I'm holding my shares, but I won't be buying into a small company ever again. I'll stick with the big end of town because they're too hard to manipulate to this degree. At least I've learned some interesting things in the last few years while holding this stock. I hope I'm 100% wrong and that they don't plan to take it over, and that with a share buyback and some more mining, the price increases to something that's fair for all shareholders.
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2.3¢ |
Change
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Mkt cap ! $86.40M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $5.759K | 249.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1712191 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 831641 | 7 |
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No. | Vol. | Price($) |
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5 | 1712191 | 0.023 |
9 | 1526013 | 0.022 |
8 | 862647 | 0.021 |
5 | 5001841 | 0.020 |
1 | 30000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 831641 | 7 |
0.025 | 2014419 | 5 |
0.026 | 2456521 | 5 |
0.027 | 125000 | 1 |
0.028 | 3113333 | 3 |
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