It's the biggest woofers that bounce after prolonged bear markets as 'value hunters... lololol' fish for bargains as opposed to buying quality merchandise.
However, former leading stocks don't usually recover to anywhere near their highs during new bull markets. I wouldn't get excited at all. I still maintain that this is likely to go to 1c just like thousands of stocks before it.
Hope it works out for you and the company but i think this is just a case of the dogs being let out for a while.
Who let the dogs out?
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Last
$1.50 |
Change
0.085(6.03%) |
Mkt cap ! $1.630B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.40 | $22.39M | 15.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16337 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 255886 | 9 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |