Agreed that the share price is not rocketing off on yesterday's ann, but I simply cannot put this to the prospect of a cap raising and the attendant dilution. After all, if a cap raising is needed to ensure success and success means $1.00 give or take in the medium term - WITH The dilution postulated by SCE, then it is difficult to see how that excuses the market performance we see.
It's something more; something different. I think there is intentional share dumping intended to cap the price at sub 10 cents for now. When the powers that be decide it's time for the share price to move, and their players are all in place, then it will happen.
The big move will come in response to any deal with money attached; in the meantime big positions have to be accumulated at low prices so it behooves to nip any rally in the bud by aggressive selling, just as we saw yesterday.
Agreed that the share price is not rocketing off on yesterday's...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.507M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 103305097 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 22478912 | 7 |
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