There is almost zero supply here. The CR should put a floor under the price, and unfortunately for some (me) who were hoping to top up at the gap, it doesn't look likely to happen. Only a matter of time before this starts to move upwards. With zero supply, buyers will be forced to start stepping up. As I said before, if it breaks the trading range of 5.1 the reversal will be confirmed imo. And yes - "firm commitments to placement" were received. I imagine we might see a 3b after hours today or Monday showing the issue of the placement shares plus the initial 5mil issued to NCX as part of the collaboration agreement.
OOK Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held