My guess is that it keeps drifting downward. Don't like that prospect but I'm not feeling positive that this decline will be arrested by anything other than significant news. I did not get the impression that any such news was imminent.
Yes, further fab / IDM signings will happen and we will secure first DBH customer at some point but when is anyone's guess. In the meantime instos and shorters will keep feeding 1 or 2 shares in to the bid and buyers will pull back hoping to buy for less. Meanwhile the same instos are probably accumulating for their long thesis...
Feeling a little deflated / cynical at the moment.
For me this is now about capital preservation so I won't be holding and waiting. I'm going to start balancing the current risk with the potential to buy back lower in the next few weeks. If I caught out by a surprise announcement... well, I will have to wear that. I guess paying a premium for reduced risk and increased certainty is worth it.
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Last
$2.55 |
Change
0.120(4.94%) |
Mkt cap ! $481.4M |
Open | High | Low | Value | Volume |
$2.49 | $2.65 | $2.46 | $3.607M | 1.405M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8185 | $2.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.55 | 14261 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8185 | 2.530 |
6 | 19214 | 2.520 |
2 | 4664 | 2.510 |
2 | 650 | 2.500 |
2 | 5100 | 2.480 |
Price($) | Vol. | No. |
---|---|---|
2.550 | 6422 | 1 |
2.580 | 4000 | 1 |
2.600 | 11573 | 3 |
2.610 | 221 | 1 |
2.620 | 1000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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