Hate to say it but the increasing price will be short lived, unless they pull a rabbit out of the hat and to date , they have have not.
Problem is that we are so far behind the eight ball that it will be a long time ,if at all, that we will ever see float price again . Latest flurry will most likely phase out and down she will go ago .Since dropping below 10cents , it has only once revisited above 10cents and went straight down ,to all-time lows in 6's . So to go form mid cents to 8 cents and yet be still 12 cents below par after 16 months of listing , is nothing to get excited about . Too much cheap pre float stock out there that needs to be placed in safe hands .
Not sure what Canary Capital is supposed to be doing but hopefully they will want to see the stock well above their 12 cent so they can exercise their options an hopefully there will be enough liquidity to absorb the stock , without significant compression on the share price at the time .
For the record I am holding the stock , so who is to say I won't share in any wealth creation, but to be honest , I just want my money back .
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67.0¢ |
Change
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Mkt cap ! $146.8M |
Open | High | Low | Value | Volume |
64.0¢ | 69.0¢ | 64.0¢ | $608.9K | 915.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 441 | 67.0¢ |
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Price($) | Vol. | No. |
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67.5¢ | 9000 | 1 |
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No. | Vol. | Price($) |
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1 | 441 | 0.670 |
2 | 15560 | 0.665 |
2 | 31434 | 0.660 |
5 | 34625 | 0.650 |
1 | 4400 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.675 | 9000 | 1 |
0.680 | 7520 | 2 |
0.685 | 12204 | 2 |
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