Following the buy signal given on my daily chart on 1/7/22, the stock gave me a buy signal on the weekly chart with the close on Friday above 48.
The last piece will be the long term monthly chart....which will confirm a buy signal for me with a close at the end of July above 56c.
In fundamental terms, Patents continue to be issued, and words from the Board I've heard are they are very happy with the progress of the company.
I simply don't understand how the market values this stock with an EV of $30mln.....but that's what makes a market, and I'm happy to back my judgement, especially at prices in the low 40's from those who value a tax loss over common sense.DYOR.
IIQ Chart
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Last
55.0¢ |
Change
0.005(0.92%) |
Mkt cap ! $60.92M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 56.5¢ | 55.0¢ | $15.12K | 26.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13918 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 15000 | 1 |
View Market Depth
| Last trade - 15.16pm 06/09/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |