Got a bit hot and bothered there for a while didn't it?
However, after a bit of cooling off, a steady growth will resume as long term investors position themselves for the future - this has a lot of value to realize.
Many institutional investors have a policy of waiting for the dust to settle after a re-rate like this while they do calm and considered analysis.
They'll be steadily accumulating in between announcements when things go quiet.
But, in the meantime - a couple of stellar announcements still to come.
If you were late to the party and bought-in between today's close and the high of $5.60 - just hold for a while - you will be rewarded.
There are plenty of legs left in this.
IMO
Chart Thread, page-247
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Last
55.5¢ |
Change
-0.005(0.89%) |
Mkt cap ! $61.20M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 56.5¢ | 55.0¢ | $4.509K | 8.104K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6850 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 9999 | 1 |
View Market Depth
| Last trade - 10.41am 28/08/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |