Post AGM reaction My
Level II is showing a dramatic demand increase from 3.5 to 4.0 cents/sh ... the ask side is still relatively thin with little resistance above 5.0 cents/sh
Q: Are each asking block trade unit worth 500 shares or 1000 shares? .... I think that any stock trading below $1.00/sh might be trading in block trades of 1000 shares .... that would mean that currently 824,000 shares are in demand at 4.0 cents/sh (and only 4 orders at that! .... wow!) Big invetsors are coming to place their bets. I wonder if it's insiders that are quickly and legally lining up after their AGM yesterday to make purchases.
Anyhow, the impending company name change will definitly give the stock a mini sp boost .... perhaps up to 5.0 cents/sh i'm guessing.
Level ll Quote | |
| Bid | | Ask |
| Price | Total Size | # of Orders | | Price | Total Size | # of Orders |
| $0.04 | 824 | 4 | | $0.045 | 314 | 9 |
| $0.035 | 462 | 14 | | $0.05 | 257 | 8 |
| $0.03 | 323 | 6 | | $0.055 | 31 | 2 |
| $0.025 | 103 | 2 | | $0.06 | 44 | 3 |
| $0.02 | 246 | 4 | | $0.065 | 1 | 1 |
| $0.01 | 150 | 1 | | $0.07 | 60 | 3 |
| $0.005 | 538 | 2 | | $0.075 | 42 | 2 |
| | | | | $0.08 | 58 | 5 |
| | | | | $0.085 | 10 | 1 |
| | | | | $0.09 | 20 | 1 |