No one can answer that question.. the chart showed a buy so people bought. The Quarterly was record breaking and it sold off... It could have been because of the quarterly it may be due to the upcoming half yearly report. The company is cashflow positive, it would only take a few larger contracts to really shoot this price up to beyond these levels. A few days of consolidation is good, it provides support when the price tries to move down. As @AJ7 said the chart is indicating a target of $0.46, is that still the case AJ?
AR9 chart, page-419
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.06M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22220 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 70200 | 3 |
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| Last trade - 10.27am 08/11/2024 (20 minute delay) ? |
| AR9 (ASX) Chart |
Day chart unavailable