The report was favourable, however, the share price has been in a downward trend moving from .04 cents to .02 cents in less than a month - a significant drop. It is likely to hover around the .02cent range until the pro rata non-renounceable entitlement issue @.02 cents is completed on the 16 August. I've been waiting to purchase some of this stock as I see real upside potential, however, I'll wait until early next week to see whether there's any more downside to try and buy at a bargain. .02 cents looks an attractive proposition, but like any investr, I'm greedily awaiting any further downside, altough as we all know endeavouring to time the market is a fluke, so I'll probably just plunge in based on the fundamentals and not worry about the absolute entry price. I aimed to purchase at .024 so I've already ensured I'll be able to purchase more for my dollar. I feel holders will be rewarded in time, and >.04 shouldn't be far away again.
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Last
5.0¢ |
Change
-0.008(13.8%) |
Mkt cap ! $6.407M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.0¢ | $21.18K | 402.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 2653 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.051 |
2 | 58357 | 0.050 |
1 | 10639 | 0.047 |
1 | 30000 | 0.042 |
1 | 52680 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 2653 | 2 |
0.056 | 79197 | 1 |
0.057 | 25000 | 2 |
0.058 | 99416 | 1 |
0.059 | 15000 | 2 |
Last trade - 14.09pm 29/07/2024 (20 minute delay) ? |
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CMO (ASX) Chart |