On another subject, the reality is most shareholders have very little knowledge of the shares they own. I have friends who own Minbos but know nothing about it other than the basics. I think the smart holders do the research - maybe not to the extent Chuk does and are happy to hold. Top 20 holders are happy to hold - they’ve maybe added a little bit as Chuk posted, holders like myself already have their fill, so just sit tight.
Volume is very small, less than $100k per day - from memory we have about 800m SOI so very small turnover of less than 1m per day. Lack of news tests the holder’s (who haven’t done the research) patience, lets face it if you need to free up some cash for whatever reason, you sell the shares that don’t do anything. There certainly don’t seem to be any aggressive buyers or sellers out there, at the 7.6c level there are buyers willing to soak up the normal volume of sellers who need to free up cash.
My point is, the drift down in SP accompanied by low volume is exactly what you’d expect under our current circumstances while we wait to complete funding and cement some of these partnerships.
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On another subject, the reality is most shareholders have very...
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Last
5.5¢ |
Change
-0.005(8.33%) |
Mkt cap ! $47.58M |
Open | High | Low | Value | Volume |
5.7¢ | 6.0¢ | 5.4¢ | $19.58K | 345.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 141504 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.7¢ | 24820 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 141504 | 0.054 |
6 | 639699 | 0.053 |
3 | 73865 | 0.052 |
5 | 98547 | 0.051 |
5 | 214701 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 24820 | 1 |
0.059 | 50000 | 1 |
0.060 | 4485 | 3 |
0.061 | 195189 | 2 |
0.062 | 125937 | 2 |
Last trade - 15.46pm 06/06/2024 (20 minute delay) ? |
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Last
5.5¢ |
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Change
-0.005 ( 8.33 %) |
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Open | High | Low | Volume | ||
5.8¢ | 5.9¢ | 5.5¢ | 142643 | ||
Last updated 15.46pm 06/06/2024 ? |
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