It is good news for sure and adds to perhaps a change in sentiment for the stock. Its a relaxation of conditions on the part of The wollongong council which re affirms their commitment to swerf and more importantly, their eagerness to get this facility into commercial operation ASAP.
I bought some this morning based on a technical view. $4.10 traded the other day which is virtually on its daily support and it looks like it may have found support at that level. Hopefully, it will now retest weekly resistance around the $4.50 which if broken should give us an initial target of around $7.00.
skippa
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Last
$1.40 |
Change
-0.050(3.45%) |
Mkt cap ! $156.8M |
Open | High | Low | Value | Volume |
$1.45 | $1.45 | $1.40 | $886.1K | 624.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.48 | 207 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 1.390 |
1 | 2000 | 1.355 |
2 | 8250 | 1.350 |
2 | 22500 | 1.330 |
1 | 17000 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.480 | 207 | 1 |
1.490 | 800 | 1 |
1.500 | 104166 | 1 |
1.510 | 195640 | 1 |
1.530 | 50000 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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SKS (ASX) Chart |