"Somewhere in the region of 800 mil shares were traded @ .001 in the last year, If they can be offloaded @ .002 that would be a cool 800k profit for some. "
a totally irrelevant, and, misleading statement.....those shares were traded in a range from .001 to .003......a vwap would give a better picture, but, your assuming they were all bought at .001....also, we dont know how many were traded in and out for a brokerage loss....and its totally illogical to suggest they will all want to exit at .002, or, whether anyone will make a profit. Its highly likely that most of todays 60M turnover would be losing trades for the sellers
while your sentiment is understandable, looking backwards does not give a picture of the future.....
currently, legal matters have been resolved, there is a new deal on the table and, there is forthcoming news from Cortical Dynamics. In fact, delving into things, there is much potential value hidden in Cortical and Advent.....however....its not without risk.
Todays volume was no doubt a lot of holders wanting an exit, however, 95% of the stock traded was bought up in midpoint sales, suggesting that buyers can see the potential and have weighed up the risk.
This stock isnt for everyone, and may well not be a provider, but recent events have brought this company into scrutiny. Its well worth an hour of research, with the caveat that its history does need to be considered too
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $25.24M |
Open | High | Low | Value | Volume |
2.3¢ | 2.4¢ | 2.2¢ | $98.00K | 4.299M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1288572 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 304942 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 762207 | 0.022 |
4 | 1026190 | 0.021 |
7 | 1370250 | 0.020 |
11 | 1998138 | 0.019 |
11 | 1696058 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 254942 | 1 |
0.024 | 1162000 | 4 |
0.025 | 1482150 | 6 |
0.026 | 1616153 | 7 |
0.027 | 1314750 | 4 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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