yes but who is buying, and why
buying has been mostly off market, the sells have mainly been smaller orders.
it will take a bit to clear stale holders and maybe some placement, but once that is done and if we get decent results this could move to somewhere near fair value,
\
based on say RNI that could be 50-60 mill upwards, RNI is nearly 90 mill,
60 mill would be 3.5 cents,
But this wont happen overnight, and it will not be a straight line, there will be ups and downs.
if results are good I would expect a knock on their door.
however they have to be mindful of releasing what they know to the market in a timely manner, to explain to the market what the results mean, maybe compare to other companies in relation to their assets/results and market cap
maybe a company presentation to brokers.
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Last
3.0¢ |
Change
-0.006(16.7%) |
Mkt cap ! $12.72M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.0¢ | $24.44K | 775K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 15072 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.029 |
3 | 435714 | 0.028 |
1 | 166000 | 0.027 |
1 | 100000 | 0.026 |
2 | 72000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 15072 | 1 |
0.031 | 50000 | 1 |
0.032 | 125000 | 1 |
0.034 | 125000 | 1 |
0.035 | 62500 | 1 |
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