w1 while I share your sentiment on what the SP "should" be in our opinions, a move to 35c would be a 200% increase. Think about it, no matter how good the story, new investors are not going to buy a stock that rockets that far.
When was the last time you bought into something that ran that hard?
They probably wouldn't do it in a roaring bull market, let alone the one we're experiencing at the moment.
It's also not exactly a "trader" type announcement. Traders jump on massive gold strikes or similar, whereas this was something where the value can't be quickly ascertained.
Slow and steady gains and low volatility will ensure a more solid investor gets involved, learning the merging story and we build belief in the foundations.
One day though, when the weaker hands have been flushed out, and when bigger fish start to arrive, we're going to see those startling gains.
All that said, if it wasn't such a crappy market we would have hit 25c today IMO.
Keep the faith mate.
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1.5¢ |
Change
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Mkt cap ! $69.34M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $42.81K | 2.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 15083148 | 1.5¢ |
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Price($) | Vol. | No. |
---|---|---|
1.6¢ | 600000 | 2 |
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No. | Vol. | Price($) |
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65 | 15083148 | 0.015 |
43 | 11008313 | 0.014 |
8 | 3293384 | 0.013 |
7 | 3334951 | 0.012 |
5 | 4400000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 600000 | 2 |
0.017 | 6500950 | 11 |
0.018 | 2445606 | 14 |
0.019 | 2156609 | 15 |
0.020 | 7264715 | 23 |
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