Their first round investors currently enjoy a 400% ROI. I assume a few of them selling helped drive the price down the last couple of days. Why would they not invest in subsequent businesses when they essentially only lose out if the stock drops below the first round price before their shares are released from escrow?
Any startup incubator will allow for a certain amount of flops, and since the only indication of RFN 'tanking' is the share price and a spurious AFR article I would suggest waiting for the 4c before you make any assertions.
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $1.529M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $892 | 356.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 22507057 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 34153701 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 22507057 | 0.002 |
32 | 65259090 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 34153701 | 12 |
0.004 | 3808653 | 10 |
0.005 | 2245204 | 7 |
0.006 | 3920018 | 8 |
0.007 | 6232269 | 3 |
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