The lack of volume is so frustrating. 4m sold yesterday with that announcement? Come on! There are 250k in buy orders to 9.5c and 180k sell orders up to 10.5c, the lack of interest in this stock is unreal.
I just don't know what is going to move this share price. Clearly partnerships and cornerstone investments do nothing. Announcements regarding multi million dollar sales deals do, like iclick, but how often can you announce those.
Money talks and bullsh!t walks perhaps. Though with no 4C reporting requirement the next snapshot we get of profitability is in August or September.
I suspect that one day this stock will just go boom. Anyone who times it will be simply lucky. I'm just going to sit and watch and be frustrated, enjoying any attacks on 10.5c. What did please me yesterday was that the shares weren't replaced. The 2.5m sells are down to 1.9m, perhaps the wall can be worked on.
AB1 Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held