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28/02/18
10:38
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Originally posted by amadjxt
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I'm sorry to be 'that guy' but can anyone explain to me what's going on with BXN at the moment?
I feel as though it's done nothing but perform poorly since a seemingly positive announcement regarding their new product launch. Understand that volatility goes hand in hand with any small cap but the lack of upwards momentum has me more confused than anything.
I'm long term on this stock and see a lot of potential here but would be grateful for anyone's analysis on these short term movements.
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~100m new shares issued via option conversations, most at 1c
That's a considerable amount of stock deep in profit at a full market cap for the stage we're at
reckon only sales traction attracts the decent buyer from here, not much else.