No reason for the price move, other than the stock was crushed due to absurd raise, then out of the ashes announced Singapore and Vietnam approvals and then its A*Star collaboration, you know the biggest research body of the Singaporean Government, commencing human trials.
When the world grasp Singapore is not an free market economy it is extolled to be? Since 1965, uitterly engineered by the PAP government steering foreign and domestic investments in a "father knows best" regime, discretely via more subtle political checks and balances, and more overtly via Temasek and the GIC (sovereign wealth fund).
Its hilarious, in 2017 "Singapore was ranked as the world’s second most open economy by the Heritage Foundation’s Index of Economic Freedom, as well as the world’s second most pro-business regime by the World Bank’s Doing Business report."
Being pro-business does not equal an open economy. Little happens in Singapore without the tacit approval of the Singaporean Governement and likewise, when companies are linked via Temasek (Innoventure) or other branches of the Gov like the A*Star research fund, someone on high approves of them.
Too many commentators on Hot Copper on OSX without even the vaguest knowledge of its history or Singaporean business practice. OSX was a mess of capital mismanagement, but will likely survive IMO with subtle background support from the PAP gov' - constrained by more direct investment by OSX's ASX listing.
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.645M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.7¢ | $14.46K | 251.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17543 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 52358 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17543 | 0.057 |
4 | 492690 | 0.056 |
6 | 226362 | 0.055 |
2 | 212000 | 0.054 |
1 | 14000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 52358 | 1 |
0.061 | 18378 | 1 |
0.062 | 12924 | 1 |
0.063 | 12000 | 1 |
0.064 | 16666 | 1 |
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