fair point mikey, but how many times do you see a rerating or a trend develop before a company is generating significant sales?? Unless you are a mechanical system trader you are simply buying and selling your belief about the market or a stock. I think beliefs can change swiftly and surprise in both directions. If there are enough buyers who believe in the story there is room for the sp to move.
I make no predictions about the timing of a re-rating but as one possible scenario, could this surprise the market to the upside "In addition, the Company is looking to raise capital and will consider merger and acquisition opportunities in order to exploit the current heightened interest in the sleep-treatment sector"?
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Last
31.0¢ |
Change
0.015(5.08%) |
Mkt cap ! $56.96M |
Open | High | Low | Value | Volume |
31.5¢ | 31.5¢ | 31.0¢ | $40.25K | 128.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32700 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 35625 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32700 | 0.305 |
5 | 27768 | 0.300 |
4 | 111403 | 0.295 |
1 | 17241 | 0.290 |
1 | 17543 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 35625 | 2 |
0.335 | 10000 | 1 |
0.345 | 28900 | 1 |
0.350 | 34928 | 3 |
0.355 | 1060 | 1 |
Last trade - 14.34pm 16/07/2024 (20 minute delay) ? |
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