We are entering the technical never-never, I am not sure what will happen here?
That gap down is where the company recapitalised by essentially doubling the SOI and issuing the additional shares at 4 cents hence the diluted market SP was around 7.5 cents which just happens to line up with support from late 2022. How long will it take for the SP to get back to 7.5 cents?
CYM Chart, page-5
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $42.72M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.7¢ | $21.82K | 782.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 369997 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 203950 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CYM (ASX) Chart |