In simple terms data is noosy, the trend lines are just a best fit to try and cut through the noise. Fixed costs other than COGS are falling according to the next quarters projection, it won't take much of an increase in margin or sales volumes for the green line to cross above the red. That's very unlikely this quarter - even the company aren't predicting it. All we need to see is the gap to close a little.
Unbiased financial chart thread!, page-16
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Last
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Mkt cap ! $15.62M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $2.814K | 281.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4677965 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 139400 | 2 |
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| Last trade - 11.16am 19/07/2024 (20 minute delay) ? |
| AJX (ASX) Chart |