Correct. Way oversold. MC of $33m at 6.1c. Crazy for a near term producer. Does the market believe that they won't have enough capital to begin after their raise at 9c??? Will they need to tap the market again??? Does the market believe that they will never get going???? All things to think about until we get some form of update out of management Or could they be a potential acquisition themselves by an established company (thinking maybe cashed up YAL)???
From a technical perspective imo, it was definitely a time to buy more today for me. Could be wrong of course and she keeps drifting lower but the panic selling has to find a floor somewhere. Let's see what tomorrow brings.
Ann: AQC Finalises Binding USD60m Dartbrook Restart Funding, page-9
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Last
12.5¢ |
Change
-0.036(22.3%) |
Mkt cap ! $66.72M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.5¢ | 11.0¢ | $546.0K | 4.645M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 152204 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 280103 | 2 |
View Market Depth
| Last trade - 15.55pm 04/10/2024 (20 minute delay) ? |
| AQC (ASX) Chart |