I think given the last 2 days of volume almost amounted to total SOI with both VWAPs being > 5c- provided more and more investors are buying with the intention to hold, it will eventually squeeze the price up (just like PCK etc) provided the company progresses as we imagine. I got in on Friday and don't plan to sell (besides locking in some profit, holding 900k units now with intention to hold at least for MT and see what mgmt can do).
Obviously there's always day traders that creates added volatility but that's normal for any stock.
I think this company has a lot of room to grow. Here's hoping for a good update on company plans for commercialisation next.
NHL Charts, page-71
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.295M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $272 | 271.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 41230235 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 51151172 | 21 |
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| Last trade - 10.09am 25/07/2024 (20 minute delay) ? |
| TD1 (ASX) Chart |