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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Comment by Phantomanon Jul 08, 2012 8:55am
250 Views
Post# 20092475

RE: RE: RE: RE: My gosh

RE: RE: RE: RE: My gosh
BID
Orders Volume Price Range
7 92,500 0.115-0.150
ASK
Price Range Volume Orders
0.160-0.495 118,500 8

 

With this kind of depth I don't expect a major change on stock price. My position is bigger than the bid position then I cannot sell as many other shareholders. We will have very low volume until the depth is greater or a major news is released. The flow of transaction comes from very minor shareholders and the impact is not significant despite a decrease of 50%. The reasons why shareholders must buy this stock will be properly evaluated after phase 2 and the trial mining despite a negative impact from very minor shareholders.

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