I bought into IFE also, having seen that 74c-75c is the floor right now- at least it has been. 75c, as everyone knows, is the capital raising price (if it happens) so noone wants to pay over that now, from what I can see.
This company needs to get out some big and good news now, if they want people to participate in any capital raising. Anyone now can just buy shares on market for 75c or less, so noone will participate in the capital raising, unless... there are swift and powerful ANN's out. Of course, if the CR gets called off, the floor is gone, and the SP could fall to anything.
Ultra, I saw that spike to 80c- it lasted about 2 seconds as people undercut the asks. Now it's back to 75c again.
tested 80 but fell back, page-3
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0.5¢ |
Change
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Mkt cap ! $16.43M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $11.04K | 2.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6819586 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 12258111 | 21 |
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