Relax mate. The bad news is for those holding post IPO purchase prices as I've said multiple times now.
*very* rough volume calculations. It had trading volume of 56 million on day 1 of listing followed by a similar volume on day 2, and a big drop after that. On those initial days shares were trading between 30-42c. Given there is only ~90 mill shares not owned by insiders. I think its reasonable to say that 50+ million shares were bought at an over inflated price. Looking at a more reasonable entry price of ~.24c there has been a volume of around 43 million in total since it hit that level. So there are still a bunch of shares that were bought at almost x2 current price. People realising capital gains loses was always going to happen.
Also the so called mega dump was onlt around $100K worth.
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9.9¢ |
Change
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Mkt cap ! $21.35M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 9.8¢ | $16.99K | 170.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2823 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 85800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2823 | 0.099 |
1 | 32712 | 0.098 |
1 | 60000 | 0.097 |
1 | 25000 | 0.096 |
2 | 159660 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 85800 | 1 |
0.105 | 26397 | 2 |
0.115 | 63601 | 4 |
0.120 | 210064 | 6 |
0.125 | 299175 | 4 |
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