Hi Fonzi,
The people who are selling are those who either: -
1. Still don't believe in the company, its technology and commercial opportunity (irrespective of how many great announcements are made)
2. Happy with a 50%+ return (bit like the one of the original founders of Apple who sold his shares for a couple of $$ for a 50% gain and left huge upside on the table...)
3. Technical traders who don't care about fundamentals long term opportunity.
For some shareholders who don't, won't get the story and huge opportunity, this is just the window they have been waiting for to get out....unfortunately the smart money is already here as has been shown by the recent buying and increased volume over the past week and they will reap the benefits of multiples of return upside (1000's of %) compared to the short-sighted retail shareholder who thinks 50% is a great return for this type of company.
Good luck to them....
RSH Chart?, page-21
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Last
8.7¢ |
Change
-0.004(4.40%) |
Mkt cap ! $111.0M |
Open | High | Low | Value | Volume |
8.6¢ | 8.9¢ | 8.6¢ | $36.38K | 418.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17000 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 90000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17000 | 0.087 |
1 | 250000 | 0.085 |
2 | 200000 | 0.084 |
1 | 7000 | 0.082 |
1 | 147499 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 90000 | 2 |
0.089 | 7953 | 1 |
0.090 | 143000 | 2 |
0.091 | 317037 | 2 |
0.092 | 15000 | 1 |
Last trade - 11.03am 18/11/2024 (20 minute delay) ? |
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