Yea, coke business is such a drag for them. Been in correction and consolidated since 19 Jan'22. Seen huge volume traded during this period, is shark testing out retailer patient or just they left to right hand or dump games. Private placement priced 0.072 around, current price not gap too far.
1. Sharks buy on rumours ( 7 Jan - 10 Jan Morning) 2. Take decent profit on news ( 10 Jan afternoon - 17 Jan) 3. Price pressing with ridiculous volume, create fake buy queue, price block, fake support breakout while accumulating (weeks or months time starting from 19 Jan) 4. Price pushing + Market testing with ridiculous volume (Begin of wave) 5. Price pushing with huge volume (Uptrend) 6. Repeat from stage 3
Stage 3 now, those don't have holding power good luck to you.
3 consequences revenue growth, and seen volume always big after or before the QR. Its been a long time, sharks has gotten build a strong base from 0.110 to 0.125. The higher the base, the higher the level price can go.
Just a news to bait you all those who never read QR report before. Those information is already written in QR report before sharks push from 0.09 to 0.14. Who came in today were just late comers. 10 years prospect just a fairy tail story, but whether it is trues time will tell. So this is long-medium term counter not suitable for short term. When solar theme comes, this will get benefit as well. Hold if you have holding power. Sharks avg price should around 0.090-0.105.