Fair and considered observations N. For myself, I got caught on what I'll call "the LOI conundrum". Best opinion/interpretation I could find was that an LOI to take up the FDA-approved technology was imminent..."any day". So based on a kind of FOMO, I chose to stay half in, even as the retrace accelerated.
Subsequent company updates showed that this timing was now superceded by a likelihood of going straight to a binding agreement, but not before CY17.
So as a half-in trapped bull, I'm now trying to get a handle on the consequences. Some time ago there was an argument that the SP would retreat to fill a gap at .37, which also constituted a degree of support. I'm thinking there is still some logic in that scenario, which is now more palatable as it draws relatively near. But equally a continuing drift (in the absence of news) makes sense.
Has anyone taken the opportunity to explore the possible depths of this retrace recently? If so, appreciated if you would share.
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $22.88M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $10.59K | 740.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1699925 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 549699 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1699925 | 0.014 |
5 | 454423 | 0.013 |
3 | 840000 | 0.012 |
2 | 78500 | 0.011 |
6 | 1049004 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 549699 | 1 |
0.016 | 986000 | 4 |
0.017 | 778882 | 4 |
0.018 | 1200336 | 8 |
0.019 | 310000 | 2 |
Last trade - 12.19pm 05/09/2024 (20 minute delay) ? |
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