ffxssj, there simply isn't enough support for this company and its driven solely by retail holders, which is very dangerous in my view.
there has been no formal valuation placed (forward looking) from a credible source (outside of HC) and the company is ignoring the institutional market at least for the near term, this is a black mark in my view.
to answer your question, I would suggest that low - mid 3c range and up to low 4c is where the SP will remain for some considerable time. any announcement on a 2nd MOU will just profit the traders and it will retreat straight back to these levels rapidly.
on the last run up to 5.2c someone who has ramped this stock hard and got a lot sucked in to buying at much higher levels suggested that there isn't enough volume available, I almost choked reading that comment. we have a Billion shares on issue with no institutional support, doesn't take a genius to work out the maths on just how much easy stock is actually available on market.
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ffxssj, there simply isn't enough support for this company and...
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.79M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $45.02K | 2.369M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1130173 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 618740 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1130173 | 0.019 |
1 | 500000 | 0.018 |
3 | 1252000 | 0.017 |
1 | 1000000 | 0.016 |
2 | 765199 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 618740 | 1 |
0.023 | 950000 | 1 |
0.060 | 17225 | 1 |
0.062 | 85000 | 1 |
0.065 | 821000 | 1 |
Last trade - 14.02pm 19/06/2024 (20 minute delay) ? |
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INFINITY LITHIUM CORPORATION LIMITED
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