Just a thought but whatever is announced on Tuesday and if we do gap up the key will be to hold those level
Got to remember over 43 mill own the top 20 of 74 mill SOI
Outside the top 20 I estimate another approx 10 mill between 200,000-550,000 shares (which should be long termers
Thats gives approx 24 mill smaller holders we will say
If we do gap up the key will be to churn say 10 mill with minimal movement. I dont want to see this kind of move
more in favour of something like RAC where the VPVR starts to become a higher price (currently 80 cents for IXC). This will prepare itself for the next leg in the near future. Just my thoughts based on a TA perspective.
What Id ideally like to see again is around 5-10 mill churn (that will approx cover daytraders + short termers) with minimal movement.
Anyway will all be dependent on news.
Thing that excites me the most is the base its been putting in, all the people up top seem to have washed through, so there will be no overhang above
Other thing that excites me is the current discount as Ive mentioned countless times compared to other phase 3 bios. Think its about time we start closing some of these gaps yeah? First step will be the 150 mill MC which I dont believe is unreasonable (approx $2). Speculation only as per usual, lets see the demand.
If it opens around 70 cents Ill buy more based off the responses I received from Tom on Friday. Cant see much negative from here
26/09/2021
$PAR - 487 mill MC
$RAC - 515 mill MC
$OPT - 479 mill MC
$NEU - 266 mill MC
$IXC - 51 mill MC
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Last
7.2¢ |
Change
0.002(2.86%) |
Mkt cap ! $5.411M |
Open | High | Low | Value | Volume |
7.2¢ | 7.2¢ | 7.2¢ | $1.701K | 23.62K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 76375 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 76375 | 0.072 |
1 | 52915 | 0.070 |
1 | 84879 | 0.067 |
1 | 100000 | 0.066 |
1 | 50000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 5000 | 1 |
0.085 | 8805 | 1 |
0.090 | 126146 | 1 |
0.095 | 100000 | 1 |
0.100 | 8505 | 2 |
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