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
Folks,I was wrong ...It didn't go down to 8.5 cents ... it...
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