Having experienced a big downturn in NOR I thought I would examine a few other small caps, that have surged in recent times, and where the stock price is today. Xpedia (XPE) 25/5/16 closed 0.10c Today 0.072 Internet of Things (IOT) 12/5/16 0.15c Today o.057c Rectifier Tech (RFT) 22/6/16 closed 4.0c (high on day 0.057) Today 0.028. Huge losses have occurred from the closing prices. I realise these small caps are volatile small cap stocks but what is interesting is they are all surged on good news and then dramatically turned around. It would appear, on the face of it, this is a case of promising big things and then not delivering. Possibly, the same situation we are in with NOR (although over a much longer timeframe).
A clean slate..., page-27
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.20M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 215000 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
| NOR (ASX) Chart |
Day chart unavailable