It shot up to 0.242 and stopped; the 0.247 I mentioned in my last post—just barely missed touching it.
After that, for the next four or five hours, it just kept nudging back and forth around 0.22. It neither moved higher nor dropped lower. We’d blast up for a bit, then pause; the lower line around 0.2 never got touched.
Let me add something else. This project back then raised over $350 million. In the private placement round, it was given a valuation of 2 billion yuan. But now, with the entire float fully tradable, it’s only 230 million—about a tenfold difference. Those private-placement shares are still locked and can’t be sold off, yet the price gap is right here. At this level, it really isn’t expensive.
No change in direction—I’m still bullish. We only talk about what comes next after 0.247 breaks through.
During the nine-day period with shrinking volume, nobody could be bothered to click in and check, including me. #0g $0G
After that, for the next four or five hours, it just kept nudging back and forth around 0.22. It neither moved higher nor dropped lower. We’d blast up for a bit, then pause; the lower line around 0.2 never got touched.
Let me add something else. This project back then raised over $350 million. In the private placement round, it was given a valuation of 2 billion yuan. But now, with the entire float fully tradable, it’s only 230 million—about a tenfold difference. Those private-placement shares are still locked and can’t be sold off, yet the price gap is right here. At this level, it really isn’t expensive.
No change in direction—I’m still bullish. We only talk about what comes next after 0.247 breaks through.
During the nine-day period with shrinking volume, nobody could be bothered to click in and check, including me. #0g $0G
