Everyone has their own trading method, so I'm not one to dis anyone about what they think is best, but the way some people sweat over each day to see a pip movement and make a negative or panicked comment on this board if it doesn't go the way they want is quite amusing to read (for me).
Whether there is a solid wall at 18.5, whether it will go down to 0.16 tomorrow, whether it rockets to the sky after some news, at the end of the day, the long ball play with IOU is solid. They have over $12 million AUD to work on both the platform, partnerships, marketing and even a possible buyout of someone.
All of this will be revealed in time and as it is revealed and the company gets stronger, so too will the share price. I haven't really commented much lately because there is no significant news to comment on. All the speculative stuff going on, is just that - speculation - or maybe I could start a new word if it hasn't been thrown out there - Trumpulation. I'll just wait for the next announcement and that will then tell me if the company is doing the job it promised to do in it's latest ANN, with the layout of the projects for the coming quarters. As long as they achieve these, all of this noise of pips here and there will hopefully diminish and we can discuss actual news and further business prospects for IOU.
Plus don't forget that last raising was oversubscribed 5 times, which means in theory, if they need to go back to the market for more expansion (which I am all for), there is plenty of money in the market ready to back them.
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Mkt cap ! $17.03M |
Open | High | Low | Value | Volume |
1.6¢ | 1.8¢ | 1.4¢ | $252.5K | 16.38M |
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No. | Vol. | Price($) |
---|---|---|
7 | 2187714 | 1.4¢ |
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Price($) | Vol. | No. |
---|---|---|
1.6¢ | 433613 | 3 |
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No. | Vol. | Price($) |
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6 | 1687714 | 0.014 |
7 | 1136596 | 0.013 |
5 | 1364375 | 0.012 |
3 | 1062859 | 0.011 |
4 | 2079411 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 428613 | 2 |
0.017 | 225000 | 2 |
0.018 | 426434 | 2 |
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0.020 | 205692 | 5 |
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