As the risk of repeating myself. Companies such as Blackrock make a living out of putting themselves onto small cap share registers and shorting the stock into oblivion while they wait for the next capital raise at which point they're invited to participate and therefore purchase more shares at discount. It doesn't necessarily mean that they believe the stock is a lemon and destined to fail. They may actually have a bullish long term view of profiting from a share price increase. They use the shorting strategy to make additional $ while waiting for companies to grow and expand into production. IMO, this is what's going on with this dog of a stock.
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As the risk of repeating myself. Companies such as Blackrock...
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Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.47M |
Open | High | Low | Value | Volume |
7.3¢ | 7.6¢ | 7.2¢ | $58.41K | 796.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 111843 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.3¢ | 54500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 111843 | 0.072 |
1 | 14000 | 0.071 |
4 | 1165100 | 0.070 |
2 | 59117 | 0.068 |
1 | 100000 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 54500 | 1 |
0.074 | 137567 | 1 |
0.076 | 10000 | 1 |
0.077 | 55000 | 1 |
0.078 | 60000 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.2¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
7.4¢ | 7.5¢ | 7.2¢ | 213406 | ||
Last updated 13.25pm 03/05/2024 ? |
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