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clock Created with Sketch. 13/11/24
12:22
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Originally posted by Aussie1968:
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the market cap is tiny. The entire sell side at the moment amounts to $100 000. It’s very illiquid and single sellers will move the share price substantially. This means it’s below the criteria where most funds will consider investing. I am not fussing about the volatility. If all goes according to plan then the share price will appreciate in time and liquidity will improve but that’s over a 12-18 month timeframe. I’d be concerned if they can’t at least replicate the results they have so far, if costs or timeframes blew out. I consider the rest of it as just noise.
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There is volume if there are decent buyers, as many large sellers are dumping the stock as soon as it goes up with volume.
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