I love a good conspiracy theory, so here goes mine...
First ever post on HC & it's a long, well thought out post about how 'bad' this stock is
The timing of this post is:
- Within 24 hours of the largest & most exciting T/O in the IT industry for a very long time which will shine a spotlight on FGO given its cutting edge tech, global reach & Tier-1 clients
- Your post was published a tick after midnight to ensure it has full visibility for the entire day if it would receive enough thumbs to get to the top-5 on HC (cute thought, but you'll be lucky to get 10)
The Oracle T/O yesterday has refocused both domestic & international fund managers in to Aussie tech plays given the fact that the ASX mkt caps typically don't reflect anywhere near what they'd be worth if listed in the US / Europe.
Take a look at the AFR this morning - I counted at least 5 separate articles on Aussie Tech companies in the wake of the Oracle / ACX tie-up. The spotlight is now beaming on this sector & it's shining BRIGHT!
So... in conclusion... I'm going to speculate & say you either work for an Aussie or US fund manager & are trying to scoop up as many cheapies as you can this morning with a quick ploy.
How's that for a good story in the morning!
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Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $5.707M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.585K | 351.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 16425595 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3787643 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 16425595 | 0.004 |
17 | 37337763 | 0.003 |
31 | 33544631 | 0.002 |
13 | 30337776 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3787643 | 13 |
0.006 | 7704738 | 11 |
0.007 | 1759302 | 5 |
0.008 | 3110000 | 6 |
0.009 | 1940709 | 5 |
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