A company losing revenue gets sold down, but prices tend to overshoot fair values. I don't see this coming down further if the claimed invoiced sales are correct. The market will just take a pause till further confirmed and then reverse course. Only a fool would continue to sell this down knowing the risk.
The comms has been poor and management has a lot of work to do improving on that in subsequent reports, but if the $8.6m extra invoiced sales are actual (which I believe as management would be putting itself in big trouble if it weren't) then this is going back up from 90c.
Turning Zoono into a Gamestop, page-67
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.183M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 247916 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 72610 | 4 |
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