MYQ 0.00% 15.0¢ myfiziq limited

Ann: MYQ and BCT Enter Binding Agreement with WeSure in China, page-40

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  1. 183 Posts.
    lightbulb Created with Sketch. 17
    LOL misleading information??? Please look at this:

    "Less than half the volume in January"

    Can you please look at where the volume in January came from?

    January volume: 6,902,593

    Volume from news of the 60c cap raise investor on the 31st January: 6,482,399

    So if the investor never bought the 60c shares, the volume in January would be: 420,194. At approximately 30c a share, that's $126,058.20

    That's only 10% of the first $1.2 million dollars the investor wants. So please don't talk to me about misleading information when you twist the facts this hard.

    Also this investor just signed a deal for $6m worth of shares, they know what will happen long term, why do they need to buy more on the market just because it's under the 60c price? I'm sure they've worked out their risk to reward, their due diligence, worked out their optimal position sizing, and allocated the appropriate amount of funds. It's an investment, not a reflection of their conviction, nor do they or should they care what the market does with the stock meanwhile. They don't care if MYQ is at 30 or 40 or 50, they only care that it's a worthwhile investment for them in the future where it hits potentially >$1
 
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