Some good discussion here.
I agree that the the 35 mill sell at 0.008 is a little suspicious, Im skeptical its even real.
If you wanted to get that kind of volume done, you dont just place a big sell as a block like that, as it dissuades buying, buyers dont want to buy into it , if you really wanted to sell that amount, you would put an iceberg order in there (this is an order you can set that just shows little bits at a time , ie like 500k sell, then it refreshes with another 500k sell when that gets done, until the whole 35 mill is done) this is used by brokers to hide bigger order, so to see this big 35 mill block Im a little skeptical if its real. What adds to me being skeptical is at the close of market they always pull the order, you can look now and it not there.
Maybe they wanted to create a wall to scare people into selling into their buys at 0.006-0.007.
As far as the company goes though, Im feeling the same as a few posters on here, I want to buy in, as I saw the run up it had this year, and feel like it could easily happen again , but really the amount they have spent with hardly any resulting sales is minblowing, , they have raised around 92 million in total , and for spending that 92 mill what are they bringing in sales? $63k last quarter, Im quite surprised they get the support they do when they raising millions and paying themselves millions in salaries, but bringing in only few $ hundred k in sales a year, itsnot sustainable, and unless something changes investors will dry up.
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Some good discussion here. I agree that the the 35 mill sell at...
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Last
95.0¢ |
Change
0.010(1.06%) |
Mkt cap ! $13.51M |
Open | High | Low | Value | Volume |
95.0¢ | $1.02 | 94.0¢ | $110.7K | 114.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15628 | 95.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.00 | 1909 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15628 | 0.950 |
1 | 819 | 0.940 |
2 | 1142 | 0.910 |
1 | 20000 | 0.905 |
4 | 54001 | 0.900 |
Price($) | Vol. | No. |
---|---|---|
1.000 | 1909 | 2 |
1.090 | 375 | 1 |
1.150 | 2548 | 2 |
1.180 | 1400 | 1 |
1.190 | 9813 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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