Silence, Investors are just trading the news.
They have bought on the bad results and sold on the good news.
FOD has potential but has no runs on the board yet. Smart money will not come into this stock until positive sustainable results are achieved.
1) Local business is sick. Totally fragmented distribution of a variety of underperforming products. Financials are disappointing with no obvious upside.
2) China is the potential gold mine. Factory being ramped up, lot's of investment and building scale. Looking good so far but no runs on the board yet. (Some on HC have raised concerns of a lack of transparency of progress to date regarding China. To me it seems to be taking a very long time).
3) Hand sanitiser, fast to market and a very good short term gain. Not sustainable in the long run once past current phase.
IMO, these are the reasons there are the swings in SP.
There is no sustainable business yet to see smart money come in and a stable and growing SP.
Silence, Investors are just trading the news.They have bought on...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 73719 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 230464 | 1 |
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