That smoke and mirror approach, lack of numbers STILL at this stage, is exactly why I decide to wait for numbers and order/ manufacturing details before committing to buying this stock again.
The entire culture of reading between the lines and joining the dots on this forum should be replaced with discussing rollout details, funding arrangements, target markets etc.
Instead, we had to raise money from so called sophisticated investors again ( lots of their shares were dumped immediately ), in the absence of large funding partners.
There is no knowing what the company's discretion will be in regards to funds raising from shareholders if placement is oversubscribed.
They have up to 30 % of current shares available.
Whilst I do not believe they will go this far, an additional 4 to 8 mil in raising from shareholders is well on the card, in my opinion.
This would create meaningful dilution and demanding numbers to back up the MC.
Price is set to break 30 cents soon, as I see it.
all IMO
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $54.30M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $7.722K | 366.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1610 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 568091 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1610 | 0.021 |
16 | 1799959 | 0.020 |
5 | 2082869 | 0.019 |
7 | 664332 | 0.018 |
5 | 550882 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 568091 | 6 |
0.023 | 422310 | 4 |
0.024 | 230737 | 2 |
0.025 | 246946 | 6 |
0.027 | 480762 | 2 |
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