1 for 2 shares and 2 oppies for each 3 shares issued. That sounds close enough to double the number of shares on issue when the SP gets over 1.2 cents. And all the action is going to happen around .008c
What a mess.
I'm a small holder that was a larger holder at 3.1c and sold at 2.2c after the first sales figures announced. Couldnt believe how bad they were. Sold 28 ! Less than 1 a day.
I am not buying back in until millions of shares have changed hands and the price is under .008c
In fact a million shares at .006c for 6grand would do very nicely.
Its going to take a nice announcement of good US sales figures to punch through all the sellers upto 1.2c and then the oppies get converted and sold and knock it down again and then it has to get up again and then on the second big dip down is when I will look at getting in again and no way before.
Sometime before the second sales announcement from the US.
The first will be disappointing because it is going to be a slow but steady as she goes for this one. Not exactly impulse buying of this product.
ALT Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
