Think the process was with regards to the share price:
1. quite a few people purchased the shares to get in on the share plan (lets face it how often will it happen with this company.
2. People then sold their shares down to say the 52c mark (normally happens with capital raisings
3. Major shareholder then step in, and sold his stake on market pushing the market down further, and dampening enthusiasm for the stock, till now it is consolidating around this mark.
Some of those 52c share buyers have probably cut their losses, others had to sell as it hit their stop-loss marks.
It will rise again. People just have to be patient. This company has probably world leading technology. A formalised JSF contract will merely give it the recognition it needs. Besides contracts with manufacturers and things I would think would take a long long time to cement in place.
Btw welcome back CD... How was your trip?
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Last
36.0¢ |
Change
0.070(24.1%) |
Mkt cap ! $25.82M |
Open | High | Low | Value | Volume |
34.0¢ | 41.0¢ | 33.0¢ | $471.7K | 1.313M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2695 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 5519 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.380 |
1 | 1 | 0.365 |
3 | 5306 | 0.360 |
4 | 14638 | 0.350 |
1 | 2000 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 3348 | 2 |
0.370 | 5435 | 1 |
0.380 | 10519 | 3 |
0.385 | 4220 | 2 |
0.390 | 14000 | 2 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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