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13.0%

2.6¢ complii fintech solutions ltd

I hope you understand irony: 1. there has been no formal...

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growler1969

7,323 Posts.

2283

10/11/16

10:04

Post #: 20508932
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Originally posted by harba ↑

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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I hope you understand irony:
1. there has been no formal valuation placed (forward looking) from a credible source (outside of HC)
2. Before proceeding to give a valuation.

IAM Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 2.6¢		Change 0.003(13.0%)		Mkt cap ! $14.86M

Open	High	Low	Value	Volume
2.3¢	2.6¢	2.3¢	$7.386K	314.6K

Buyers (Bids)

No.	Vol.	Price($)
1	250000	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	500000	1

View Market Depth

No.	Vol.	Price($)
1	250000	0.022
1	457659	0.021
1	1000000	0.020
2	402772	0.019
2	1034231	0.018

Price($)	Vol.	No.
0.024	500000	1
0.026	75000	1
0.030	827135	4
0.040	100000	1
0.050	110820	1

Last trade - 10.35am 27/09/2024 (20 minute delay)

CF1 (ASX) Chart