I don't totally subscribe to your sentiment however I do partially.
The most critical element for this company will be new contracts. At least they are making a concerted effort over the coming months. If they secure contracts then there wont be any need to capital raise(well no significant capital raising - depending on new contracts cash flow). A few contracts and we could see it go upwards to the >$0.03.
If there are no new contracts by end of year, then I think your sentiment is correct.
Those with a weak ticker should jump out now, else for those with courage and bit of risk appetite, if no new contracts by December, cut and run then.
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Mkt cap ! $1.519M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 304254 | 0.009 |
7 | 4263000 | 0.008 |
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Price($) | Vol. | No. |
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0.020 | 18358 | 1 |
0.039 | 1281 | 1 |
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