Prolonged suspensions tend to be followed by a "puke", I am afraid: unless the clarifying Ann will be major, i.e. "we've secured XXX million in financing for the new fund".
No one likes stock that cannot be traded: unless we hear major positives, I wouldn't be surprised if on the first day the suspension is lifted, the stock takes a plunge to the likes of 12 cents. I expect it to recover thereafter, of course...but this is the way I feel it might work.
Continuing to hold till quarterly comes out, then re-assessing my strategy afterwards.
For the avoidance of any doubt: my remark above is not meant as an advice for anyone to sell and buy back at the dip: I won't be doing that, the day-swings of this stock are so unpredictable that I will continue to hold through the waves, until I feel the fundamentals have changed.
J.
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $46.78M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.0¢ | $92.11K | 1.752M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 113878 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 188678 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 113878 | 0.051 |
5 | 237959 | 0.050 |
6 | 188500 | 0.049 |
4 | 520833 | 0.048 |
5 | 372659 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 188678 | 1 |
0.055 | 17500 | 2 |
0.056 | 75176 | 2 |
0.057 | 68000 | 3 |
0.058 | 250665 | 3 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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