Not seeing any signs of stabilizing. Would need to show positive divergence from downward trend channel (a break out from that upper trend line). I think this will land in between 0.48 and 0.62 once 0.72 breaks. No savvy investor would be buying here, no strength at all.
Fundamentally, things have changed also, you can go back to my post surrounding EBITDA (massive miss) and change of forecasts. Hopefully the 4C can turn things around or atleast provide a short term exit for disgruntled holders.
General 5GN Chat, page-111
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $5.475K | 37.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1413212 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1255126 | 29 |
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| Last trade - 13.28pm 09/10/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |