We could go lower for the next few days, unless there is a price sensitive announcement around DoD progressions or otherwise.
In my view, management got what they were looking for in the form of price sensitive announcements to collect their cash. I wouldn't hold my breath on any announcements being made this week because of that, as with a cash buffer they have a bit of breathing and wiggle room to decide their next steps. The sense of urgency probably isn't what it once was from their perspective.
IMC back to 60c plus, page-5
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $25.07M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.3¢ | $51.56K | 478.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 277719 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| IMC (ASX) Chart |