And while I'm here, I agree with @Toxxxic 's opinion. I think it's a small cap phenomenon rather than anything else.
Hype will push a stock quite high, then it will stabilise or gradually drop when the news flow 'confirms' the prior speculation.
The continuation of 'proving' this speculation strengthens the business but doesn't help the share price, which had already valued this.
Usually bigger players will move in when the cash flow starts becoming apparent. As the DCF valuation charts etc. make a lot more sense when you can look at the previous year/years and see X amount of sales with double or triple digit growth per year.
Hopefully, we'll find in 6 months time this will start taking effect and in 18 months time it will be in full swing.
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And while I'm here, I agree with @Toxxxic 's opinion. I think...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $1.8K | 225K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 689619 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 706022 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 689619 | 0.008 |
5 | 3475070 | 0.007 |
5 | 1009881 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 706022 | 4 |
0.011 | 1400000 | 3 |
0.012 | 166666 | 1 |
0.013 | 669958 | 2 |
0.014 | 134311 | 1 |
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