It's fair to say the SP action in the next couple of days will tell us what sort of announcement to expect. After the flurry of announcements and pumping in the week following relisting the company went suddenly silent and the SP was dumped into and slid back to where it was last year.
This combined with an apparent delay to launch does not inspire confidence, and we still see nothing to market the product in the public domain, yet expect 12,000 paying customers by June, which has to include the free month on offer to before taking up subscriptions.
Those waiting on the sidelines would do well to take their cues from the volumes and fluctuations this week, I don't think the company could avoid news getting out ahead of an announcement, but I strongly suspect the market will punish anything that is not very strong positive news and under 3 cents its anyone's guess where it goes from there.
Sit tight but watch very closely.
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Mkt cap ! $4.712M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.0¢ | $19.77K | 476.5K |
Buyers (Bids)
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---|---|---|
1 | 25000 | 3.6¢ |
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Price($) | Vol. | No. |
---|---|---|
4.1¢ | 1400 | 1 |
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No. | Vol. | Price($) |
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1 | 25000 | 0.036 |
1 | 100000 | 0.034 |
1 | 93781 | 0.031 |
1 | 650000 | 0.030 |
1 | 22730 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 1400 | 1 |
0.042 | 12900 | 1 |
0.043 | 16520 | 2 |
0.044 | 20000 | 1 |
0.110 | 52515 | 1 |
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