14 times price has gotten stuffed at .47 and .475That is some serious wall that doesnt want to be broken. No volume and not enough interest to push it over the hump. Doesn't help that the TSX venture JX index is as bearish as ever atm hovering around 538 and looking to go lower.
Last week i sounded the alarm and price gapped up the next day saving things for the time being but then this Monday and Tuesday another stuffing at .47.
About March 2018 - Jan 2019 Sirona traded sideways, so this could go on for while but the JX is what freaks me more than anything. The venture is such a pile of SH** exchange.
They cant really get onto the TSX or the Nasdaq anytime soon so this is what investors will have to deal with which is a very sketchy low volume and low interest exchange that really has not recovered from the crash of 2008.