I agree with you, we should focus on what we want to happen with positive emotion. I also think a red day on the ASX is a good test for the strength of IOU. If you refer to the chart, those green candles looked very bullish. I think a test of the support levels and then a close in the green is an absolute positive. It also invites longer term holders to get in on the action because it clears the idea of this being a short term swing or hype trading.
The fundamental business is considerably stronger than any other business in this sector. It's operating in a key growth region inside of Southeast Asia. In my opinion investors should be looking at the current opportunity as a buy despite the recent 100% increase. Not financial advice, just my humble opinion.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $246 | 61.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 4006169 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7048456 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 4006169 | 0.004 |
16 | 18540116 | 0.003 |
7 | 13730000 | 0.002 |
4 | 18999999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7048456 | 9 |
0.006 | 2240000 | 4 |
0.007 | 1691313 | 4 |
0.008 | 1380714 | 3 |
0.009 | 1000000 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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OVT (ASX) Chart |