RE: M.cap16 Sep 2018 13:08
1% or 10% its the amount that's available to trade and the demand that then drives which is the factor here.
Market mechanics my dear boy.
Those market mechanic can and often do outweigh any fundamental criteria.
I have seen shells on zero liquidity to 15X, yes massively over valued and not worth it but they did it, this gets the added bonus of the publicity and demand Sorrel brings to the table.