This story is beginning to unfold as Peter Toth explained to me.
His view(in summation) was that it will not take much for the share price to creep back up to the $1.00 mark again. He gave a lot of reasons for the present scenario, all of which will dissipate in the not too distant future.
My view is that the share price has shown resilience during recent "down days" in the ASX ... indicating the bottom has been reached.... and strengthening should prevail for the next 6 months or so (in the absence of the Armageddon).
Also the market depth has been phenomenal in recent weeks..
like 7 buyers for 1 seller in terms of volume.... quite extraordinary in these days of volatility and uncertainty.
I wont be losing any sleep over this lot.
Cheers,
Bripoz.
heating up, page-11
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $268.1M | |||
| Open | High | Low | Value | Volume |
| 35.8¢ | 35.8¢ | 35.0¢ | $4.033K | 11.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 52065 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 65235 | 3 |
View Market Depth
| Last trade - 14.00pm 18/09/2024 (20 minute delay) ? |
| OMH (ASX) Chart |