Personally I still think it's hype trading. A CR would be a self fulfilling prophecy. Everyone starts buying because of the price action and ridiculous "quantitative analysis" which pushes the price up. Why wouldn't management take the opportunity to do a CR off that? Then there would be a stack of complaints about how management duped people haha. Merry-go-round of the share market.
There's plenty to like about IOU on a fundamental level. Some qualitative research is required rather than going off a morningstar quantitative number plucked out of an algorithm that measures volume and percentage increase to predict a fair value estimate.
No financial advice here, just know what your buying, why your buying it and how much you're paying for it. Bring on the 4C so we can evaluate a real fair value imo.
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Personally I still think it's hype trading. A CR would be a self...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $3.720M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $103 | 34.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 17553344 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 1539491 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 17553344 | 0.003 |
17 | 21143887 | 0.002 |
18 | 49490073 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 1539491 | 5 |
0.005 | 8419195 | 13 |
0.006 | 3562302 | 6 |
0.007 | 5730864 | 14 |
0.008 | 6547535 | 13 |
Last trade - 10.49am 31/07/2024 (20 minute delay) ? |
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