Problem is there are 1,374,363,874 shares on issue! That's just nuts for a market cap of around $20mil. They should do a 10 for 1 conversion to give some sanity to their issue. Then price movements will be finer controlled, as it is a 0.1c drop equates to roughly a 6% overall drop and its only going to increase as it drops.
I do believe the co has value and prospects, however saying its cheap just because the SP is so low, really needs to be taken in context of the overall shares on issue.
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