In the last month a total of about 1% of the shares on issue have been traded in exchange for the princely sum of about $28,000. Yes, thats the rough total for the month, not the daily or last fives minutes like many other stocks.
If somebody is playing a game to accumulate then they either have a target date of xmas 2025 to complete their accumulation or they are doing it as and when their social security cheques are available to cash.
Either way I struggle with the concept that a few people finally giving up and selling at the only price at which there are willing buyers equates to accumulation games. Couldn't it just be that there are a few people willing to take a punt with a couple of grey nurses @ 0.001 hoping to double their money if something miraculous happens but hardly anybody is willing to hand over 0.002 now when the truck loads of new stock is currently on half at half that price !!!!
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
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