@mattyarty -- If you've been reading some of the posts over the past year... I would say in all honesty. Don't sell out for at-least a year from now. If they have not made progress by this time next year then by all means. I would say, James Douglas and his trio from Newmarket Capital will get their 25million shares (8.3333 million each) before expiry 31st December 2018 (happy New year). They won't buy that at the current 0.1625cents per share. They will line up probably a placement to Acorn Capital Ltd some time in the next couple of months (probably in October). But, if they do a capital raise for retail investors, then that would be put forward awhile before October, say late August or mid September. They will be aiming to keep the SP in the bracket that it is at the moment, so their director mate gets it at the lowest price possible. After all is said and done. The dust has settled. Got a couple million extra on the balance sheet and the right backers. They will start opening up bit by bit and things will look better and better. IMO, within a years time you will see a big steep run. Unless you got some serious profits to wash I wouldn't sell this. It is way to early. Go to the shop and buy some nice grog. Leave it in the bottom draw and wait! Silly mistakes can cost you big time. If you read some of the assumptions I've posted you might think twice. Good luck I got your back too.
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Mkt cap ! $16.13M |
Open | High | Low | Value | Volume |
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---|---|---|
1 | 74764 | 20.0¢ |
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Price($) | Vol. | No. |
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1 | 390778 | 0.082 |
1 | 137448 | 0.081 |
4 | 133000 | 0.080 |
3 | 250000 | 0.079 |
4 | 470000 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 73189 | 2 |
0.085 | 158553 | 5 |
0.086 | 122421 | 2 |
0.088 | 86260 | 3 |
0.090 | 25321 | 3 |
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