As I see all current retail investors like myself with the 50:1 consolidation have done our cash - cold!
They then raise cash via the allocation of millions of shares to private and sophisticated investors at a low entry point.
These new sophisticated investors will control the share price in accordance to their profit requirements - with the retail investors that had their holdings diluted 50:1 just stand by and watch.
The retail investors were the ones that helped keep the company afloat and now they become colleral damage again.
Its a lousy game they play.
imo
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Mkt cap ! $1.888M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 91271 | 1.8¢ |
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Price($) | Vol. | No. |
---|---|---|
2.4¢ | 200000 | 1 |
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No. | Vol. | Price($) |
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2 | 91271 | 0.018 |
1 | 150000 | 0.017 |
1 | 181501 | 0.016 |
1 | 200000 | 0.015 |
1 | 214357 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 200000 | 1 |
0.027 | 99789 | 1 |
0.028 | 50000 | 1 |
0.030 | 133554 | 1 |
0.110 | 52515 | 1 |
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