so it's back in the $10M market cap...further selling pressure to come to close out the usual SUDA tax losses. like it or not for years those that have a negative view of have been shown to better assess where the SP is heading.
so in the last 5 years and the 5 or so CR's can you guess how many the CEO participated (excluding note conversion ).. Zero. SC on $300k+ pa does not invest in SUDA. if there was one person that should know the future prospects better than anyone that would be him - I guess he does know...he raises funds like clockwork and predictably burns through it adding no SH value. bringing a new chairman on just increased the chance of a successful raise (and the predictable over subscribed raised).
the good news is there will be the usual P&D in H2 , however only those close to the investment bank will exit, small retail investors will stay in assuming this will keep running but it won't
if you hold the stock you can only make money if it goes up but take a look what they have achieved in 17 years. It says it all. SC knows most will stump up more cash, again very predictable behaviour from the SH base. Meanwhile he is NY.....DYOR and good luck.
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $152.5M |
Open | High | Low | Value | Volume |
14.8¢ | 15.0¢ | 14.3¢ | $303.9K | 2.087M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 202037 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 320045 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 202037 | 0.145 |
7 | 1471879 | 0.140 |
5 | 233185 | 0.135 |
6 | 560114 | 0.130 |
6 | 561775 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 220045 | 3 |
0.155 | 574509 | 6 |
0.160 | 273864 | 6 |
0.165 | 107123 | 4 |
0.170 | 238869 | 4 |
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