GREY:SPONF - Post by User
Post by
Mormuson Mar 24, 2021 1:27pm
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Post# 32867338
Extremely low volume
Extremely low volumeFor those saying a dilition of shares will fix things, I disagree. Every day, the amount of shares traded is extremely small. A consolidation of shares would only bring the volume down even further. For 1 billion outstanding shares, and only 2-5 million being traded most days, a consolidation would mean less than 1 million being traded daily. What this stock does need to move forward is exposure to attract new investors. I see this may begin when products hit the shelves and the hemp cigarettes are released. Only time will tell.