Guys, there is an issue with those participating in the CR - someone alluded to this saying that the price does drop below CR.
This especially happens when participants are given free options in the CR. If listed, these options will have a value. So the participants can keep selling to below the CR price because the price they get for the options will be included in calculating profit. Have seen this happen in a number of stocks I have held and I used the same strategy in a few cases over the years.
However if there is value in the co, that value will be achieved once all the selling is done. Sometimes there is a strong price rise.
Also, thanks GT for posting.
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Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $43.20M |
Open | High | Low | Value | Volume |
1.5¢ | 1.7¢ | 1.5¢ | $45.00K | 2.823M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 1561158 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.016 |
5 | 1959838 | 0.015 |
4 | 4312857 | 0.014 |
6 | 1700000 | 0.013 |
2 | 1208333 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1256442 | 6 |
0.018 | 2133827 | 5 |
0.019 | 333001 | 3 |
0.020 | 3149500 | 6 |
0.021 | 60000 | 2 |
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