You are entitled to your view and I respect that.
Hope you gain in the future.
For me, I made enough - I first bought at 73 cents and added more at 78 cents. I sold some at $2.52 and the rest at $190, when suspension was lifted.
What strike me (as negatives) in the short term, is the lack of news on the CFDA front - they had said it was a matter of months back in November when I attended the AGM - now its 6 months down the track.
The second negative is the valuation made by "external advisors and institutions". To me, that is extremely important - they afterall are mostly responsible for the daily price movement (via buys and sells) of the company's shares.
The third negative is the unknown factor - whether they can raise the money and if they can pull it off (this project).
As an investor in many companies with projects, I know the majority end up late and costing 20% to 30% more.
So for these reasons, I decided to get out and sit on the sideline - to watch and wait.
IMHO, there will be plenty of opportunities to re-enter.
And that is NOT meant to down-ramp this stock.
JIMHO, there will be challenges in the Short Term.
Nevertheless, I do wish holders good luck.
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.24M |
Open | High | Low | Value | Volume |
2.2¢ | 2.6¢ | 2.2¢ | $102.6K | 4.423M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 570046 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 850000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 570046 | 0.023 |
1 | 400000 | 0.022 |
3 | 364285 | 0.021 |
3 | 775000 | 0.020 |
3 | 381631 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 850000 | 3 |
0.025 | 270816 | 2 |
0.026 | 100000 | 1 |
0.028 | 45466 | 1 |
0.029 | 265581 | 2 |
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