I've written a few critical posts as of lately, but today, I gotta say that I am not so worried about the slide in SP, since the volume is immaterial. Less than 20K AUD traded. It only means one thing: there are no buyers, and therefore any attempt at selling will just cause a waterfall. Naturally, any buyer would now wanna wait for an update on the marketing campaign.
I think now is the time to punt this thing for a great potential return - and I wish I could have gotten in at this price. My avg is much higher than this.
Obviously, the great potential upside is balanced with a huge risk of this thing not working out and all assets (up to a value of 1 million) going to the Note holders.
I think if management bought it right now, it'd be a great, great vote of confidence for the stock. Someone pls email them and propose that.
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I've written a few critical posts as of lately, but today, I...
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Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
4.3¢ | 4.5¢ | 4.1¢ | $76.57K | 1.787M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 230525 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 238000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 671500 | 0.040 |
6 | 360000 | 0.039 |
5 | 323080 | 0.038 |
4 | 286189 | 0.037 |
8 | 407119 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 238000 | 1 |
0.043 | 50000 | 1 |
0.044 | 232558 | 1 |
0.045 | 558944 | 4 |
0.046 | 127200 | 2 |
Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
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