It seems like the balance has been strange here for a long time. Currently apart from the opportunistic .004 bid there is no interest whatsoever on the buy side. The only thing that seems to hold this at current market cap is that holders of the 2 billion shares on issue just mostly keep holding. That coupled with the odd off screen buyer when someone does drop larger quantities in the past has helped defy gravity. If someone even wanted to drop 200 million shares say which is nothing compared to shares on issue then it would truly be carnage. I must admit when i see obj and cdy etc at a fraction of the mc with deals and products and income i have to wonder how much longer we can defy gravity. And at the same time there is no doubt the areas we are working in are attracting some big deals now. We must be pretty much back down on the slow up trend line from pre 2017 now so a big test coming up.
PYC Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
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