Holders have just got their CR @4.5c so some unloading was probably occurring during the trading day.
@7.6c, BIQ is trading at mcap of under $14m with annual revenues of $7.5m and am expecting this to be cashflow positive probably sooner than what the market gives credit for. Know the risks and DYOR ! Whilst substantially undervalued IMO, one has to be comfortable with lack of liquidity at times and large buy/sell gap.
Other than TNT, I reckon you cant find a cheaper tech stock with proven technology and realised revenues to display in 4C quarterly. Quarterly 4C could be out this week so that should be interesting.
BIQ Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held