hi DUOERs
i dig some 3B since middle of 2014 regarding the share issued:
following are the list:
18th of June, 79m share post consolidation.
30 of july, 45.5+16m placement at $0.011 each
21th of Aug, 2.7 m at $0.011 each
28th of Aug, 6.4 m at $0.011 each
2th of Oct, 6m at $0.01 each
10th of Oct, 16 m at $0.01 each
15th of Oct, 2m at $0.01 each
5th of Nov, 2.5 m at $0.01 each
14th of Nov. 7.5m at $0.01 each
so until now, the total share on issue is around 170m..
then at 2th of Dec and 12th of December, 43m and 206m issue at $0.01c each to give total 430m on issue....
In Duo case, there is no other placement or right issue had been done below 1c so i am of the oponion that
Either those who took 1.1c sell at 50% loss or someone deliberately keep the share price down through buying and selling..... or those who bought at 0.7c to 0.9c in those high turnover days cut loss.....
Current sp is $0.005, 50% than those who took the whole lot placements so i will continuly buy and hold.....
with the cash on hand and big pocket buy in at double the current sp, really less down side risk but high up poential, honestly....
it could be easy multi bagger when the good news come in so never complaint when the opportunity being offerd but you ignore it.....
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