This is my interpretation of why we wont go below 0.3 - It is entirely possible we touch it, but the SP wont start with 20 cents again.
The reason is because we are oversubscribed at 0.30 from insto investors. These investors make the market, they can prop up an SP and dump it. If theyve invested in the context such as BOT (pre commerc drugs) they are looking at the future upside. Not only that, but who knows what was said at the meetings between these investors and the BOD. They will facilitate supply and demand to cap the stock below a certain SP and prop up a stock above a certain SP.
Investors and traders have ID'd this, @winsol is making a couple extra thousands trading this range, because we understand the people with the most shares and money, have no intent for this to drop below what they initially paid for.. why would they? Theyd be in red..
BOT Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
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