My thoughts are that the share price will continue to move downwards as more of the holders who don't have the nerve to hold long term sell off.
In the not to distant future PO will announce a deal with an overseas telco and after the share price rises dramatically he will do a CR, this seems obvious as otherwise he would do a CR now. Lets hope that next time we get some holders with more steel and less yap.
The market punishes everything that is not cashflow positive at the moment, look at NEA a promising business with plenty of cash, drifted down to low 30 cents on no positive news. Then one little bit of positive news about their expansion into America and the share price jumps up 25c
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $21.37M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.5¢ | $2.25K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 85968 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 68140 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 85968 | 0.043 |
1 | 13888 | 0.041 |
3 | 450000 | 0.039 |
1 | 255000 | 0.038 |
2 | 1375000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 68140 | 1 |
0.047 | 142144 | 2 |
0.048 | 61184 | 1 |
0.050 | 590074 | 5 |
0.056 | 60000 | 1 |
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