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Ann: Pause in Trading, page-83

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mikeaustro

42 Posts.

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19/01/21

12:50

Post #: 50272958
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Originally posted by Mr Pig: ↑

The reason for the Pause and Announcement was probably to squash wild speculation and price fluctuation/instability.
The directors are no doubt well aware of all the hot air and inadequately supported optimism that is being blown around here and in other places.
When the company announces something real and tangible will be time enough for celebration, fireworks and shouting.
But until then speculation and price instability does no-one any good, least of all the company's reputation.

What IS interesting is that this morning's price increase (from 56 cents to 62 cents at time of posting) would probably have happened regardless of the Pause and subsequent (non) Announcement.

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I agree with you Pig, all this spike with almost no relevant announcements should eventually stop, but it is really exciting see how it evolves. I think, its success for the time being, is due to it is listed in the PDF program, but I have to admit their website and how they explain this new technology is fantastic, inspires confidence to wait for their first contract.

Last edited by mikeaustro: 19/01/21

SOR Price at posting: 60.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.5¢		Change 0.000(0.00%)		Mkt cap ! $20.62M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.4¢	$2.711K	60.80K

Buyers (Bids)

No.	Vol.	Price($)
1	96515	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	30000	1

View Market Depth

No.	Vol.	Price($)
1	96515	0.045
2	40408	0.044
4	252930	0.043
3	158486	0.042
2	263017	0.041

Price($)	Vol.	No.
0.046	30000	1
0.047	6647	1
0.048	21051	1
0.050	4736	2
0.054	25000	1

Last trade - 13.14pm 12/07/2024 (20 minute delay)

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