I've been sitting on the sidelines watching, reading and waiting. I'm glad I did because I nearly bought in yesterday on the flurry but figured something was amiss.
I think the market doesn't like it because any consolidation to sort out an in excess of a few billion shares takes the share price between $10 and $20 and this takes away any potential for this stock to be a multi bag unless of course the model works as planned.
At $1-$2 sp it can multi bag.....this is in the eyes of the short term trader who doesn't understand that the value of the company is related to its market cap not shares on offer....
If $1.30 is breached this could go real bad in a selling frenzy.
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I've been sitting on the sidelines watching, reading and...
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Last
9.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $89.75M |
Open | High | Low | Value | Volume |
9.4¢ | 9.4¢ | 9.0¢ | $51.98K | 567.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 500000 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 62400 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 500000 | 0.087 |
2 | 172412 | 0.085 |
1 | 12000 | 0.083 |
2 | 24975 | 0.082 |
2 | 115000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 62400 | 5 |
0.094 | 4978 | 1 |
0.095 | 315500 | 3 |
0.097 | 64380 | 2 |
0.098 | 170499 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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