Strip out a withdrawn takeover offer and that chart is in a clear downtrend.
You want to hope 87.5c holds - key support.
If that breaks the gap at 50c will be the target. Thats still a $1.2bn company more than capital raised and debt. It can go way lower.
IMO
New TA/Charting, page-15242
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Last
91.5¢ |
Change
-0.035(3.68%) |
Mkt cap ! $2.218B | |||
| Open | High | Low | Value | Volume |
| 93.5¢ | 95.5¢ | 91.5¢ | $11.57M | 12.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 437940 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 107154 | 4 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |