Whilst I'd like to see more sales agreements & +ve FCFE, I believe that 3DP under 3.8c relative to the position are in is "cheap". The raise at 4.2c reiterates that.
I probably won't top up between 4-4.5c as it's around my average price & I have a decent exposure to such a spec play. It's about your personal risk profile & tolerance.
Hopefully see some sales agreements follow on rather than a CR which is probably what has prompted the sell off. I'd guess another $1.2m before costs @ 3.8c.
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Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.2¢ | $78.33K | 1.479M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37814 | 5.2¢ |
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Price($) | Vol. | No. |
---|---|---|
5.4¢ | 1137330 | 4 |
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2 | 37814 | 0.052 |
5 | 230598 | 0.051 |
8 | 695100 | 0.050 |
2 | 36200 | 0.049 |
9 | 719968 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 1137330 | 4 |
0.055 | 50122 | 3 |
0.057 | 100000 | 1 |
0.058 | 165646 | 2 |
0.059 | 514352 | 2 |
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