Folks,
I was wrong ...
It didn't go down to 8.5 cents ... it dropped to 8.2 cents and in turn wiped $1.6 mil off the Market Cap of the company.
To achieve this... two (2) parcels of shares were traded ...
1) 2000 shares at 8.9 cents = $178
2) 5083 shares at 8.2 cents = $417
Such shallow trades have an incredible bearing on the present value of the company ...
Amazing ???
Cheers
PeterRG
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Folks,I was wrong ...It didn't go down to 8.5 cents ... it...
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