"How about they find an off market buyer for those Chinese held shares too. That's the reason why myself and I'm sure a lot of other people ain't buying."
It's quite amusing that people are refusing to buy because there is a risk they will be getting their shares too cheaply!!! And yet a lot of SHs actually think this way even though the availability of cheap shares does NOTHING to diminish the long term value of the company. Eventually the source of cheap shares will evaporate and that will happen quite quickly if/when financing is announced.
The only thing the availability of cheap shares does is extend the time before capital gains actually emerge. They, in fact, INCREASE the ultimate capital gains to be made rather than reduce them.
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Last
6.7¢ |
Change
-0.001(1.47%) |
Mkt cap ! $110.2M |
Open | High | Low | Value | Volume |
6.9¢ | 7.0¢ | 6.7¢ | $49.12K | 721.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 220052 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 98020 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 220052 | 0.067 |
6 | 535191 | 0.066 |
4 | 396153 | 0.065 |
4 | 262625 | 0.064 |
3 | 220000 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 98020 | 2 |
0.069 | 63100 | 2 |
0.070 | 38000 | 1 |
0.072 | 96840 | 1 |
0.073 | 25320 | 1 |
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