Hey slick - LOL - you will never win that argument -
I love it when they say you can't chart specks - that is code for - they can't read a chart -
Your doing a fine job btw with the chart analysis imo- -
As for the billions on issue and the nagging for a consolidation - hm a great announcement and no one will care - they will scramble to buy - and if my theory that the accumulators have been on the job for months then does it matter if they bought everything on offer at 2c ? or are they waiting for the price to be higher to buy the same amount of stock on offer at a higher price - in this instance I really think the FA is the important thing to be across - whilst everyone is panicking about the SP they are scooping up everything on offer at the lows - it is just different multiples - but once there is no supply - the sp will go up if no one is selling - 5 months of downtrend on low volume - with decent shakeouts at the bottom -think about it
Charting Only., page-2
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $402.5M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.7¢ | 5.4¢ | $1.042M | 18.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 628179 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 897037 | 6 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |