Yes, a decent retrace. A bit of shorting also maybe. I have got too many of these and if I had been smart I should have sold maybe 5 or 10% when it got to 38/39/40 cents and hovered round there for a few days. So I am guessing there were smarter people than me that sold some going into the high 30's. 26 cents to 40 cents is a decent rise in probably too short a time actually. I think as long term holders ( me over 5 years ) we tend to think this stock is worth around 60-80 cents right now and therefore 40 cents is only half way there so we keep on holding. The smart players peel off a few. I think the stock is probably worth around 50 cents right now ( market cap around $880 ) however when Sengkang particularly comes on, the p/e itself will make it worth upwards of 80 cents with a market cap of $1.3b or thereabouts. Get some of these promised projects delivering cash flow and sustainable profits and not only will the p/e dictate the share price but there will also be some expectation value added on also. Just my opinion.
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2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $67.73M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $13.74K | 647.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4132 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1095 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4132 | 0.020 |
1 | 500000 | 0.019 |
4 | 1053984 | 0.018 |
2 | 520000 | 0.017 |
1 | 250000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1095 | 2 |
0.022 | 557590 | 1 |
0.023 | 210485 | 1 |
0.025 | 545249 | 2 |
0.027 | 659708 | 3 |
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