I think this is why the price has fallen to where it is now on miniscule volume. Existing holders that elected to take DRP at $0.25 have no need to buy on market, new buyers waiting until after the issue for the opportunity to pick up any cheap sales etc. A good announcement this week would assist to deter any sellers and hopefully bring in some new buyers. IMO ***ong presents a significant opportunity for those with cash and a 2-3 year outlook. Hopefully the escrowed holders stay put.
Ann: Seventh Profit Distribution of $1.5m Received From Cannon, page-27
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.443M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 345000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2600000 | 3 |
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