If there will be an announcement of a 6 months extension to the listing / merger / IPO that will inadvertently will result in a ST SP punishment from the Mr Market.
The market sentiment, whilst is recovering, has been absolutely brutal towards players that recently blew their timelines, I would predict a 'healthy' drop of -15-20% on the day of the announcement with a gradual recovery to the current trading range over subsequent 6 months (in the lead up to the listing).
I'm still scheming my re-entry but still see much volatility up ahead (and yes I understand that with power of conviction one could result in better returns if upcoming volatility ends up nothing, however at this point I'm better off waiting).
If the above news/events do happen I may pick up a re-entry parcel or two.
GLTAH.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.33M |
Open | High | Low | Value | Volume |
3.5¢ | 3.6¢ | 3.5¢ | $27.25K | 771.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 526648 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 95194 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 526648 | 0.035 |
4 | 272661 | 0.034 |
2 | 40333 | 0.033 |
1 | 31250 | 0.032 |
1 | 32290 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 95194 | 2 |
0.037 | 50449 | 3 |
0.038 | 163000 | 2 |
0.039 | 87405 | 1 |
0.040 | 261934 | 4 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
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