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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: BID/ASK - THIN!

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BID/ASK - THIN!

posted on Jun 28, 11 02:03AM
BID OrdersVolumePrice Range
5 22,000 0.410-0.490
ASK Price RangeVolumeOrders
0.580-0.800 23,500 8

There are approx 20 million shares outstanding. A grand total of 13 buy/sell orders as of today's close. These 13 orders represent 45,500 shares or 0.2% of the float. Take a look at the valuation impact represented by these orders!

0.41 * 20,000,000 = 8.2 million market cap

0.80 * 20,000,000 = 16.0 million market cap.

Not that I'm wishing for this, but if we continue to have a gap in news...if there is any kind of credit / debt event coming out of Greece tomorrow...who knows we might lock up like 2008...forced selling... and we could get one hell of a deal here.

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