Agreed cybachic, in the absence of any news (eg. extensions) then the SP will likely continue to drift lower.
My opinion though is any company where the SP is supported by cash and has significant upside potential that news could kickstart is one that I'd rather be hanging on to than letting slide by. In my opinion, this is one of those companies.
As disclosure though, i'm free carrying this one these days and happy with my holding through this period as I don't want to miss any jump.
Good luck to all
review of previous extension application, page-15
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |