If it can't get a bid today before a potentially hyped presentation early tomorrow morning, it's a bit disappointing showing signs that sentiment is near its lowest and the market has brushed it aside until there's something more tangible.
If it wasn't multiple waves down over 80% from ATH's and so close to that recent longer-term support, it would be a clearcut short entry at that failure to reach the 50SMA nor hold the 20EMA. Technically probably was a trading opportunity.
Technically now back under the 20EMA and back into NML again. POS stock this is. They (management) have gotta produce something of tangible worth, be it revenues or IP deals, or they could be raising post-LDA Capital agreement in the teens or 20c region IMO.
Chart, page-19960
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $333.0M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.8¢ | $1.174M | 6.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 185137 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 920196 | 12 |
View Market Depth
| Last trade - 16.10pm 13/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |