All true. Have never argued otherwise.
However, we also have a monumental amount of shares creating a resistance for this to run/rerate. And unfortunately the latter will always quash all those points you mentioned.
And how many millions of PR’s are going to hit the market next week?
Long term view, page-51
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $225.7M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.0¢ | $286.0K | 873.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29326 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 28000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FEX (ASX) Chart |