This is a pick the low stock. It will CR at some point, and will be slower to build than punters expect (should never have got to 45c - ridiculous hype)
Where/when is that low going to be, not sure. Maybe it could go as low as 10c, if the company has a slow start and those expensive world-wide offices don't get sales traction, combined with escrow release and CR.
I do agree MC of $30M now is insane.
Ann: Initation of coverage by Edison Investment Research, page-8
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0.2¢ |
Change
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Mkt cap ! $1.616M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $673 | 336.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 13399031 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 9122987 | 14 |
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