(Total Views: 230)
Posted On: 10/20/2019 4:21:56 PM
Post# of 2840
Share Structure - Updated October 18, 2019
[significant points in bold].
Authorized: 475,000,000 [no change]
Outstanding: 124,395,379 [no change]
- Restricted: 4,281,482 [no change]
- Unrestricted: 120,113,897 [no change]
Analysis:
Very thin share structure for an OTC stock in the .0100 > .2500 price range.
It is only the Unrestricted Outstanding Share count that is relevant to trading - which is very low at only 120M shares.
This stock was trading in the .2000 > .2400 range in April 2019.
Hence why we have already had runs from .0100 > .0149 on September 23 and .0080 > .0134 on September 26/27.
[significant points in bold].
Authorized: 475,000,000 [no change]
Outstanding: 124,395,379 [no change]
- Restricted: 4,281,482 [no change]
- Unrestricted: 120,113,897 [no change]
Analysis:
Very thin share structure for an OTC stock in the .0100 > .2500 price range.
It is only the Unrestricted Outstanding Share count that is relevant to trading - which is very low at only 120M shares.
This stock was trading in the .2000 > .2400 range in April 2019.
Hence why we have already had runs from .0100 > .0149 on September 23 and .0080 > .0134 on September 26/27.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
