Good to see nth sound coming to the party ... if for no other reason than the likelihood of a dissapointing set of announcements is decreased (agree that one would assume that you wouldn't go parking 18 Million AUD into a speccy punt that you weren't sure of).
I guess the interesting thing about all this is that most of the buying action lately has been Nth Sound ... therefore possibly very little interest from the wider market and under these circumstances AIM has held it's ground reasonably well in light of recent volatility. One would have to imagine that when the wider market calms down a bit and realises that this is only a correction and that things are not all doom and gloom they might start being a little less averse to mid tier players? Certainly hope that market sentiment is not damaged beyond repair.
A quick note for Ecneitap ... do you still believe that the prolonged churning at 24c will have the effect of the price spiking higher than you initially anticipated (ie: 55c?) as the pressure builds over time - hopefully I have expressed this properly and make sense. You mentioned before that from a technical perspective, price action following prolonged consolidation period is directly proportional to how long the price has consolidated (or something to this effect).Would be interested in your thoughts.
Watching all this with interest.
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Last
60.0¢ |
Change
0.035(6.19%) |
Mkt cap ! $125.2M |
Open | High | Low | Value | Volume |
57.5¢ | 60.0¢ | 57.0¢ | $297.4K | 508.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53719 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 247635 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 53719 | 0.590 |
1 | 6371 | 0.585 |
1 | 7606 | 0.575 |
1 | 7722 | 0.570 |
1 | 5000 | 0.560 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 240510 | 8 |
0.605 | 105500 | 1 |
0.610 | 10000 | 1 |
0.620 | 16214 | 1 |
0.650 | 19345 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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