Makes sense.
I don't know whether management just can't read the Philippine way of working, or whether their product is fundamentally flawed or whether someone in the Coop chain is deliberately white-anting progress but this testing process is simply going on and on through all time-to-completion announcements to the point where there is little reason to have confidence in the overall strategy.
I could earlier see from a charting perspective the possibility of share price improvement but now the momentum indicators are simply peaking lower and lower below the line and that creates it's own despondency.
Time for trading I guess.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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22 | 6801186 | 0.7¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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13 | 4202504 | 0.006 |
11 | 12557432 | 0.005 |
7 | 11250000 | 0.004 |
5 | 14166670 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2561552 | 7 |
0.009 | 2537684 | 7 |
0.010 | 4614309 | 11 |
0.011 | 3420095 | 6 |
0.012 | 4474512 | 8 |
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