I don't think the pullback today is a bad sign, as frequent small pullbacks in an increasing trajectory usually play a role in stablising the trend. Look at the graph, and recall that we had several dumps in the past few months, but now we are sitting around 3c, which is approximately 50% more than what the price was half years ago. This is the reward for you if you hold it tightly based on the improving fundamentals.
Short-term fluctuations are very hard to predict, in particular for such penny stocks with a low average daily transaction volume, but we all know that the long-term trend is normally consistent with the fundamentals. Therefore, if this Q4 and the next a few quarterly reports can show continued growth of the business (even if not outstanding), the trend shouldn't change and we'd expect at least 100-200% return (ie. 4-6c per share) by the end of this year.
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $24.34M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $10.81K | 515K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 860403 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 32892 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 860403 | 0.021 |
3 | 700000 | 0.020 |
1 | 31930 | 0.019 |
1 | 280000 | 0.018 |
1 | 200000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 32892 | 2 |
0.024 | 330000 | 2 |
0.025 | 1479738 | 5 |
0.026 | 250000 | 2 |
0.028 | 259201 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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