IMO the depth ratio is mostly fake props by someone waiting to dump into any liquidity at the 40c+ mark. For a good portion of the day there was a 1.6m buy order placed at 0.001c. Not sure how you can place an order this low. I tried on Commsec and it wasn't allowed.
I like this company and am prepared to hold mid to long term. We won't see the crazy SP movement and valuations given to the likes of APT, SZL, ZIP, PGL. However, I can see this company getting to a $150m market cap with relative ease if US expansion goes as planned.
QFE Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
