Yeah really interesting risk to take for a low potential financial
gain. It can only drop 16 cents but the skies the limit for upside
potential if they start hitting their targets. The flip side is potential
losses could be enormous if they get it wrong. A low priced company
allows plenty of small retails to buy in and hold if they believe in the
long term story, effectively choking off supply from shorts obliged to cover.
We’ve seen GameStops massive price spike based on a bunch of well
organised retails and Game Stop isn’t exactly kicking goals in the States.
Those hedge funds took an absolute hammering after getting out manoeuvred
by the little guys for once. Shorts bet against companies and when they get it
wrong it’s pretty simple, they pay. Hopefully some Insto starts to buy in and
show some faith and get the ball rolling. Half year results 25th Feb from memory....
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- Thanking Zhigang Zhang at the AGM.
Thanking Zhigang Zhang at the AGM., page-11
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Last
5.2¢ |
Change
0.002(4.00%) |
Mkt cap ! $65.95M |
Open | High | Low | Value | Volume |
5.0¢ | 5.2¢ | 4.8¢ | $71.93K | 1.437M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 977666 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 82000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 977666 | 0.050 |
2 | 133758 | 0.046 |
1 | 57000 | 0.043 |
1 | 29999 | 0.042 |
2 | 170049 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 82000 | 2 |
0.054 | 5067353 | 2 |
0.058 | 151009 | 2 |
0.059 | 349600 | 3 |
0.060 | 554999 | 5 |
Last trade - 15.59pm 03/09/2024 (20 minute delay) ? |
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