For all the dutch ruddering from the bulls last night the SP has not moved - on a positive note it has not gone 'backwards' like the wider market
Personally dont think people realise a 'fair chunk' of the current cash on hand is from options thus it is YOUR money that was give mostly to management and CPS to speed up Well 3....only to waste time before Well 4.
It is good to see 9m earnings i think it eases my concerns for a Capital raise (but doesnt remove the risk) - none of this money is coming back to investors but needs to be put to work on operations....
I guess we will wait and see
interesting the Wall at 1.4 has mostly gone but so has the support a 1.2 - im unsure if they is a bearish or bullish sign on SP any TA want to comment
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Open | High | Low | Value | Volume |
45.0¢ | 45.0¢ | 44.0¢ | $42.19K | 94.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 43.5¢ |
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Price($) | Vol. | No. |
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44.5¢ | 47891 | 6 |
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No. | Vol. | Price($) |
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3 | 30055 | 0.430 |
1 | 25000 | 0.425 |
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1 | 4000 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 47891 | 6 |
0.450 | 80000 | 1 |
0.455 | 2000 | 1 |
0.460 | 4000 | 1 |
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