Yes, got to be careful trading this, for those who care about short term P&L. I could see a scenario where this rises a bit more, then 4C disappoints. These announcement are expecting to deliver to bottom line not before December 4C. So could see some decent volatility. Defining what would be a disappointing 4C is not obvious... My estimate was $1.4-1.6mio. Anything between that and last 4C will probably not disappoint too much. But if they deliver less than the last quarter, then it will probably go back towards $0.01 and sit around there waiting for proofs. If higher than my range, then probably some decent buy.
Ann: 10-year service agreement & investment terms with Capricorn, page-59
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $43.24M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $230.0K | 21.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2072999 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1727627 | 3 |
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