The more I think about that letter the more I am less impressed. If it is all conspiracy theories, then just ignore it.
The biggest impact on the shareprice of late was the 16c cap raising and the fact that no cornerstone investors have been announced.
The fact that the share price is trading at 15.5c speaks volumes. It is almost at the level pre debt announcement.
Either the market has little confidence in this project or like others have suggested the shorters / funds are trying to load up around here or lower.
Start delivering! Once you have delivered you can pass the collection plate around. It’s a very bad look when the share price falls and you are trying to justify bonuses.
The current share price is dictating the current narrative. And you wonder why they did not want to face a camera and answer some very logical questions.
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The more I think about that letter the more I am less impressed....
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $418.9M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $72.06K | 416.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 1198027 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 406032 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 1197783 | 0.170 |
28 | 1420518 | 0.165 |
37 | 1396899 | 0.160 |
24 | 2153493 | 0.155 |
61 | 1296533 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 406032 | 23 |
0.180 | 813105 | 12 |
0.185 | 1012272 | 26 |
0.190 | 1023570 | 22 |
0.195 | 883545 | 20 |
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