Looks like the share price may have spiked on some short covering.
Any company that's cash flow negative is a good chance to trend down in the absence of good news. Drip, drip, drip. One smallish deal buys a bit of time but any serious change in prIce direction will need some major good news (or a steady stream of smaller ones).
I bought a few shares on the basis that this deal might be the first of many but more in hope than in confidence.
Ann: UPDATE ON TASLY TRANSACTION, page-47
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Last
$1.61 |
Change
0.030(1.90%) |
Mkt cap ! $1.832B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.65 | $1.59 | $7.014M | 4.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 342 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 54534 | 8 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |