Yes you are correct I was looking at the previous year. However the action was similar. Issued at 62c when share price was 68c, dropped to 56c, then pumped back up to 86c on a $5mill contract announcement. My point really is that the placement to instos was relatively tiny in relation to the marketcap and dilutionary effect and trading volumes.
2015 was certainly the year of the pump but I don't agree that 2015 was where the damage was done. In 2015 there was an immense run on FOMO and whatever else. It was a crazy time but I also remember a lot of other stocks doing similar (was that the time of the 'weed' buzz word). To me it was the end of 2015 'Foundation for 2016' announcement that set investors up for disappointment and the company for perceived failure. Personally I don't think the talk of US listing helped either, that sort of talk always makes me uncomfortable - and I am now glad to hear that this has been put on the back-burner.
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Yes you are correct I was looking at the previous year. However...
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1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $8.596M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $2.69K | 220K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1374544 | 1.2¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 588299 | 4 |
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No. | Vol. | Price($) |
---|---|---|
6 | 1374544 | 0.012 |
4 | 2132428 | 0.011 |
4 | 1266099 | 0.010 |
2 | 361670 | 0.009 |
2 | 162600 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 588299 | 4 |
0.014 | 321623 | 4 |
0.015 | 1586379 | 7 |
0.016 | 128189 | 2 |
0.019 | 12500 | 1 |
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