RE: ODM LABS CANADA13 Aug 2023 17:36
These last few weeks have seen encouraging movement with our share price which has doubled on relatively insignificant volume.
Our biggest volume day was around 1.5M, 5 days around 500K and lesser volume days, so a total Volume over 15 trading days of around 5 million shares.
Watching the last few sessions the MM’s tried the usual tactics but there have been few sellers, and likely another investor accumulating, so we’ve consolidated around 4p, which I think will go tomorrow looking at the buying on Friday.
Of course, 4p equates to an MCap of £3.76M which is a pittance for what KDR are sitting on, we know this but as InfinityX correctly suggests, the general market is unaware.
For the time being.
There are going to be a number of announcements, and any one could be the catalyst that finally gets momentum really building here.