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clock Created with Sketch. 19/02/24
15:44
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Originally posted by danwell.finno:
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There simply wasn't a need to. This is a consolidation ,not a credit raise! At 1.5c there was fluidity with trading. At 0.2c there isnt. A price movement from 0.2c to 0.3c is 50%! A similar movement from 1.5c to 1.51c is almost negligible at 0.67% and cant be played like a 50% cycle can at the minimum share price indice can. Or a 33% cycle at 0.002 to 0.003. Or 25% cycle at 0.003 to 0.004c.
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mick has nailed it above g
(20min delay)