As others have alluded barring today, most days in the red have been on low volume. For e.g last week we were in the red thanks to one $1100 trade but then there are days with a fair bit of volume but price doesn't go up much as people accumulating are quite disciplined in what price they are paying. Thanks to a string of annoucements and roadshows, I suspect a few short termers got in and at getting out now. Equity story also commenced coverage ( though don't know if it was ST or LT).
Lastly, we have been listed for 16-20 weeks, broader market isn't aware and insto's will get onboard when there is sufficient liquidity which will happen when we raise cash or the performance shares hit the market.
E.g: Winagara - another micro cap with little liquidity ( less than 125,000 shares available ). However, NAOS managed to get 5%( 2 or 5 million shares- can't remember ) of the company following cap raise or off market transfer by large holder.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.810M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 212896 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 199996 | 0.013 |
2 | 691666 | 0.012 |
1 | 226370 | 0.011 |
1 | 100000 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 531250 | 1 |
0.018 | 462860 | 1 |
0.019 | 1000000 | 1 |
0.020 | 218562 | 1 |
0.021 | 70000 | 1 |
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