You're probably right Ddzx. Interesting though that investors would base their decision to buy, hold or sell on this alone. My decision to hold the stock is based on the track record of directors and potential to get a quality project off the ground. This is what will ultimately deliver the long term value. When sophisticated investors jumped on board at 0.20 and directors loaded up, I'm sure they were thinking beyond asset backing!
I guess it comes down to whether the register is dominated by ST traders or LT investors. Personally, I would be topping up again at these prices if I wasnt already well overweight in this speccy stock.
Let's see what happens.
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0.8¢ |
Change
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Mkt cap ! $914.5K |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 109450 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.1¢ | 55560 | 1 |
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