Just some food for thought, remember Commonwealth are continuing to show huge support behind 5GN, one of the toughest banks on lending would not throw money around if they didn't think they would get it back!?
They would have to do countless hours of research with plenty of different parties involved so obviously they see value and potential in 5GN.
Imo, Friday was unjustified, 5gn didn't promise a huge quarter by any means, I think most holders told them self there would be one, hence the selling when it didn't meet expectation.
I would expect to see a bounce on Monday, and then some slow consolidation and stock churning before anything else.
A follow up announcement of any sort to help get out of this rough patch would be nice but I think I'm being way to hopeful.
gl and dyor
General 5GN Chat, page-25
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $54.27K | 358.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6751465 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1929732 | 23 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |