Huge churning at 0.8c around 97 million shares, that's around 3.8% of the registry and taking into account 63% are held by top 40 then this is quite a substantial amount at one price. Hopefully soon we will see a slow rise upwards with positive newsflow regarding revenue but until then we can just let those that can't see beyond a small profit take their profits and let those with the future of this company in mind buy in so we can get this 'show on the road'.
Also, for people worrying that the sp hasn't risen that much on this fantastic announcement, at these prices people have made big gains from buying in a 0.5c etc and will be taking this liquidity as a way to lock in profits. These are short term drawbacks that misrepresent the long term gains this company can make.
Thanks
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Huge churning at 0.8c around 97 million shares, that's around...
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Open | High | Low | Value | Volume |
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