Post by
jermiah777 on Jun 28, 2022 1:25am
72 million shares traded above 87 cents
On April 29th, share price was basically what it is today. And it remained above 87 cents and right up to 1.49 from April 29th until now. Trading over 72 million shares in the range of 87 cents to 1.49. Combine this with the fact that all the new shares are bought in at 87 cents, and you have to wonder if this will give some support to this level
Comment by
pecuniam on Jun 28, 2022 12:35pm
Unfortunately, on the venture exchange. If there is apathy or no interest in a stock it will just drop in value. Most people forget. The equity markets are an auction(bid and ask). If there are less buyers than sellers then the stock price will just go down. Regardless of fundamentals.