Nothing of a day, or should I say the week..At leastleast last week we were in upper zone of 3.8,now playing in usual place of last few months like many other U stocks, 10 to 15 % for bottom. No clear signal unfortunately at this stage to say we are on the mend. Except for some stocks like CCJ, rest all are still struggling, even with so much of positive news on U front..As I have said time and time again, it's not the demand that will drive the sp. All U bulls keep talking about that,including JH and JQ. I feel it will be the supply which will determine and take us to next stage. And what do we know about supply? Very little. A black box. Even the best in the industry have no clue. So we are playing in darkness. A study done 7 years back said secondary supply could be upto 1b. We have used may 500m in that time. So still possible a lot of supply could be met for next few years by this secondary supply. But that is only one theory, and it could be wrong. Unfortunately, it has been right for last 7 years. We can only hope. All the best.
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Mkt cap ! $243.7M |
Open | High | Low | Value | Volume |
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4 | 652472 | 0.061 |
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Price($) | Vol. | No. |
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0.064 | 1311789 | 7 |
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