I'm really surprised myself. There were a few people following closely and since the raise/acquisition/SPP it's quietened right down. Could be a mix of people feeling no news for a while (weird that no one discussed the briefing though) or people have sold out and moved on, price action somewhat supports this.
Curious that the institutions that bought in aren't defending the price, I guess as you say buy and forget because the underlying is going in the right direction. Seems what the big guys are doing.
I'm with you on waiting, I think this will easily do well medium term.
Ann: Investor Briefing, page-4
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16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $131.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $92.75K | 565.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1540344 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 224640 | 7 |
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