With no dis-respect but that is very naive question. When the "market" was buying NFT's and meme cryptocurrencies, did that validate the investment?
This is the micro-cap market, the market is in essence mostly retail and a very small handful of managed funds with a higher risk appetite.
Without a doubt there has been a significant change of hands, and long term holders were very glad to sell their loss into the new hands.
This deal is a fundamental pivoting point for OSX as it will significantly increase revenues bringing them into CF+ & or acquisition.
Why would a Fortune500 multi-billion dollar company , which already has an established CFMT portfolio and is already one of the largest in the space go into a commercial agreement with OSX?
Totally OK for long term investors to leverage this spike in volume to liquidate and exit out of their positions. Don't blame them, many are probably 90%+ in losses. Time for new investors to come in with a new price entry and different future outlook.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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3 | 316254 | 0.042 |
1 | 243902 | 0.041 |
3 | 37500 | 0.040 |
1 | 83330 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 97977 | 1 |
0.045 | 57166 | 3 |
0.046 | 15000 | 1 |
0.047 | 15000 | 1 |
0.048 | 34500 | 1 |
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