it was just statistics. Yeah, i wonder why all the lines were lined up soaking above.
Its a natural stair case event. When there is always that supply that has some profit in it.
There was a high probable event that 1c would be hit.
A modest chance that a break even trade could occur at 0.8-0.9c in lou of sell option as well at 0.1/0.2c to break even. But why would you bother participating if you were that unsure of sending money in to get out again.
So possible,. Maybe the 0.9-1.0 would get a look.
Given the substantial discount from 3c, how many holders will be taking it up ? Who would average their position ?
One thing for sure, it needs to close out, before it can rationalize its value somewhere to the previous MC when was trading at 3-4c.
You wonder, if this is a large discount to dis enfranchise the retail, and to be soaked by larger players.
So was the excessive discount, to encourage retail ? or discourage them ? Curious.
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Mkt cap ! $18.32M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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53 | 35681678 | 0.004 |
14 | 7220118 | 0.003 |
5 | 4457516 | 0.002 |
4 | 7800000 | 0.001 |
Price($) | Vol. | No. |
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0.006 | 23570600 | 20 |
0.007 | 25818316 | 21 |
0.008 | 3857500 | 6 |
0.009 | 1217500 | 2 |
0.010 | 4353865 | 5 |
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