Share Price Floor30 Jul 2025 19:55
I would be very surprised if the SP drops below 0.10p. If it does, a lot of buyers will gobble up as much as they can at that price and it'll jump again to 0.11-0.12p minimum.
Realistically our current floor (the point where current holders top up, or buyers jump in) is 0.11-0.12p. If you look where we were a week ago, the floor was 0.90-0.11p, so there is improvement. Highs and lows come with this game, if you're willing to hold this at least for medium term, or to give an actual time frame, say a full quarter, or 3 months, then I would expect to see a healthy rise over that time. With this one, you'll likely see at least 4 bags in that time as the price re-rates naturally.
Now there are mutterings of news soon. I cannot substantiate that, but anything is welcome for this particular stock. Nothing can tank the share price needing to rise (except diluting the shares more, which I highly doubt will happen after the additional 1.25B added last week), they sell off completely, we rise, they sell off a portion, we rise, they release news stating their in this for the long haul, we rise (albeit more slowly).
Finally, it is great to see names posting here today that I am not familiar with. It means more people are jumping in to get a slice of this. The more the merrier in my opinion (unless they are constant negative commenters who don't deserve to be mentioned by name).
Good luck all! May we all do well here together over time.