All true. Have never argued otherwise.
However, we also have a monumental amount of shares creating a resistance for this to run/rerate. And unfortunately the latter will always quash all those points you mentioned.
And how many millions of PR’s are going to hit the market next week?
Long term view, page-51
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $302.1M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 41.5¢ | $1.237M | 2.926M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 172820 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 188053 | 7 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |