On the 28th of October the rather unimpressive 4C was released. What changed was the stock wasn't smashed by sellers and short sellers. This week a small contract was announced and the market reacted favourably. Early signs the stock has turned the corner in terms of sentiment. When they announce a much larger contract feels like the market is going to over react to the news. 1.6M units and next target is 2M
Buying pressure now in M7T
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Last
53.0¢ |
Change
-0.010(1.85%) |
Mkt cap ! $127.8M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 53.0¢ | $18.66K | 34.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26916 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.58pm 18/09/2024 (20 minute delay) ? |
| M7T (ASX) Chart |