What’s the consensus - does the stock consolidate here awaiting the result, trade higher as positive expectations build or should the wait push out, does the stock start to sell lower on concern and frustration?
my bet is we continue trade higher on FOMO adding weak hands to the register and the result is binary, meaning the longer this goes on, the deeper the downside gets on a poor result and the further capped the upside gets as we add quick profit taking punters to the register. If we have to wait another two weeks, concern will rightly creep in and frustration selling will likely emerge. If the news is good, I hope management get on with it to reward those that have been strong hands for the past two years +
today without news I think we stay range bound.
Announcement date and opening price, page-280
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Last
40.5¢ |
Change
0.025(6.58%) |
Mkt cap ! $734.6M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 40.5¢ | 37.5¢ | $3.018M | 7.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 211394 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 853 | 2 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| BOT (ASX) Chart |