I really don't know.
The price behaves like a bad one; without anything else I'd say 'I'm out' based this. But forgetting all that (famous last works) and looking at the data in the announcements, this will be one of the best trades in 40 years for me if it realises even half of its potential. I simply cannot remember being as impressed by the data and unimpressed by the price action in one share at the same time ever.
Today there was about $60,000 worth sold into the bid over a few minutes. Is that a long term larger holder saying 'I've had a good run and I might cash 5 or 10% of my holding for a new car?. I think that is more likely than bad news afoot and an early get out.
The sellers have been throwing a heap at the bid for a week or two. If that was on the back of some intimate knowledge, this knowledge would be widely known by now: BAD NEWS TRAVELS FAST. Certainly, you couldn't keep a secret this tight for 2 weeks.
So I'm holding an expecting upside aplenty.
Like I said before, my sell order is already placed at 30c........
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Last
2.5¢ |
Change
-0.007(21.9%) |
Mkt cap ! $7.027M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $2.707K | 107.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23571 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 19500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23571 | 0.021 |
1 | 50049 | 0.020 |
1 | 10500 | 0.019 |
2 | 200 | 0.015 |
1 | 500000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 19500 | 1 |
0.034 | 49438 | 1 |
0.039 | 13751 | 1 |
0.040 | 65307 | 2 |
0.045 | 100000 | 1 |
Last trade - 15.38pm 26/07/2024 (20 minute delay) ? |
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SVG (ASX) Chart |