How much further can this stock go down??
last stop to end its 5 way down would be 0.34-0.39.
If we do not see a bounce from there, there is only two scenarios that I foresee:
1. Stock getting de-listed from DFM.
2. Stock dilution to increase the current value, and doing another initial public offering for new shares.
most likely #2 will be the action that would be taken, similar to DFM:ARTC
we we see a bounce at 0.34-0.39, we could see a correction back to 0.68-0.72 but then again start dropping to possible range of 0.20's range.
last stop to end its 5 way down would be 0.34-0.39.
If we do not see a bounce from there, there is only two scenarios that I foresee:
1. Stock getting de-listed from DFM.
2. Stock dilution to increase the current value, and doing another initial public offering for new shares.
most likely #2 will be the action that would be taken, similar to DFM:ARTC
we we see a bounce at 0.34-0.39, we could see a correction back to 0.68-0.72 but then again start dropping to possible range of 0.20's range.
Trade closed: target reached:
ok so hit the 5th wave target.... now lets see :/
bounce or further down.
bounce or further down.