Strong finish to the day.
i think it suggests a squeeze for the shorters now or shortly if we continue to strengthen. I think there is a strong band of long term holders who are content on holding. I am here long term and whilst disappointed with our sudden drop this means nothing long term. All part of the business.
$70 mill in the bank, fully funded and spending very little whilst advancing towards our test outcomes.
There are some stand out buys atm on the ASX but I am waiting. There will be without a doubt some false starts to be followed by some quick drops only to be followed by some new highs, the only sure thing is we we will be a lot lot higher than now in six months. The dips, nice buying opportunities for those keen to build their portfolio.
I am now in a group of friends of over a dozen holders all long term investors so a good group to bounce around. Good luck to all.
Cheers
Mont
Chart, page-260
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Last
24.5¢ |
Change
-0.015(5.77%) |
Mkt cap ! $85.70M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.5¢ | $265.4K | 1.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 130186 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 11571 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| PAR (ASX) Chart |