This will run hard - so much is NOT baked in to the current SP that it's not funny.
Every now & then the market presents a gift... here we have one.
Its a gift bc of the circumstances behind it - suspended for 6 months left a lot of stale holders who wanted to monetise their investment, irrespective of the result. Those 80m shares traded yesterday was just that.
Now the market 'resets' & quickly sees the value in the company.
It will happen quickly
Ann: Flamingo Update, page-74
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Change
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Mkt cap ! $8.877M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $33.92K | 4.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 9404816 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 6649605 | 7 |
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