What ever the market is doing usually makes little or no difference to penny dreadfuls especially sub 10c, unless there was a significant market movement to the downside.
Everyone too busy making/losing money at the other end of the town. Plus the poor performance of ASX penny dreadfuls especially past couple years as they run out of cash and means to borrow more and increase dilution has caused a lot of money to leave this end of the market.
On world scale of things this end of the market is incredibly small, far more investing/trading options available which are cheaper, more liquid and with less risk.
Kat..
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