Observations now stock is trading with > 47% more BIT shares on issue.
- Buy side unchanged. - Sell side increased massively. Up from 4m to 14m @ 0.000000000000000004c. - If anybody can find a buyer to step up to 0.004 they stand to make a 33.333333% profit on their new shares. Sadly no takers. None yesterday and none today. Only traffic is a single seller yesterday just happy to get their 0.003 back. - Quarterly due out in just over a week. That should shed some light on their revised rate of hemorrhaging post ASX inquisition. - Those worried about risks to BOD standard of living will be feeling some relief after yesterday's announcement. Drip lines to their bank accounts have been maintained. - For those worried who got the 425m new shares, remember the 48 hour rule under the corporations act for substantial shareholder notices. Never seen one for BIT in all these years. Current trigger point for BIT is < $200k.
This is starting to feel like one of those little towns on route 66 after the freeway bypassed everything.
Anyway, thats enough about BIT. Back to Trump
BIT Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
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