I for one am not upset that the company is raising money and am very happy there aren't attached options. I think Steven is doing a great job maybe with a little too many presentations with no added value. And i am very optimistic on the company.
The value especially at this end of the market (no revenue) is based on risk and also across the market as a whole. It doesn't nessesarily mean the market is wrong when the share price moves but that the risk profile has changed. I would 100 times rather trust the market over a bunch of people on HC who could have alternative motives and are very invested in peaching a certain story. A free market is generally the best way anyone has of pricing something.
Also surely your kidding about the shorts....$130k worth... that's nothing lol. Especially when they could be shorted against an option position, meaning the shorters won't profit as the stock sells off.
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4.4¢ |
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Mkt cap ! $35.43M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 216927 | 4.0¢ |
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Price($) | Vol. | No. |
---|---|---|
4.4¢ | 238807 | 2 |
View Market Depth
No. | Vol. | Price($) |
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8 | 216927 | 0.040 |
4 | 374358 | 0.039 |
3 | 750222 | 0.038 |
9 | 742682 | 0.037 |
7 | 598944 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 238807 | 2 |
0.045 | 423919 | 4 |
0.046 | 298002 | 2 |
0.047 | 488389 | 2 |
0.048 | 200000 | 1 |
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