I expected a few sellers to be be ready to sell into the announcement, but obviously more than I thought.
I thought 80c would have been around the mark the buyers were prepared to get on at, but once they saw keen sellers there is no need to get on at a higher price. Fair enough.
I think insto's, who will be the real movers of this stock will wait for the dust to settle and then accumulate over the next month, which should have a few announcements coming in now, including the finance package.
The MLA has de-risked this investment big time, and now I can sit comfortably over the next few months while this great story unfolds.
The share price and the intrinsic value of the company will eventually match up sometime soon, so until then I look forward to that day.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.865M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 24709727 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 40416763 | 14 |
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| Last trade - 16.21pm 22/07/2025 (20 minute delay) ? |
| TYX (ASX) Chart |
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