I'd rather they didn't ramp/announce every small development (that rings alarm bells!). I'd rather they concentrated on making progress, worried less about small-time share "traders" who can barely afford the interest on the credit cards they used to buy the stock, and that when they have something material, meaningful and solid to say - then they announce it!
My general concern is that this turns out to be a lifestyle company for the exec and Board but I'm not feeling like it so far - it seems they are making progress AND they publish results, good or bad, when they have some results to report.
We'd all love it is it went to $1.50 over night but the fact is - if this stock turn out to be a winner, then buying now and holding on over the next 2-5 YEARS (not days you poor "traders") is where the really big money will be made.
I definitely do not think we are into "misleading" territory yet (this isn't Carnegie Clean Energy you know!)
Chart, page-3781
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Last
55.0¢ |
Change
-0.010(1.79%) |
Mkt cap ! $58.03M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 55.0¢ | $25.44K | 46.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23792 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 15741 | 1 |
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| Last trade - 14.38pm 02/07/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |