Closed the yawning gap at 60c - which it was always a pretty good bet it was going to do. Sentiment and technicals are horrible though. My guess is easy marking down on uncertainty for accumulation which is actually a good thing for the long term.
Since the SP is not really bouncing after closing I think this could test the 100% fib retracement at the previous low of $0.56, which might result a double bottom of sorts. Some sort of NEG resolution and some good results reported and it might be cleared for take-off. Probably some more pain to come though. It's just not gonna rocket in the immediate future given recent SP action.
There's far more to SP action than fundamentals fortunately/unfortunately. Long-term revenue story is great. Massive opportunity here.
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Last
$1.19 |
Change
0.000(0.00%) |
Mkt cap ! $160.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $1.20 | $1.18 | $56.88K | 48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 20000 | 1 |
View Market Depth
| Last trade - 16.21pm 29/07/2025 (20 minute delay) ? |
| IFN (ASX) Chart |
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