Strip out a withdrawn takeover offer and that chart is in a clear downtrend.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
99.3¢ |
Change
-0.013(1.24%) |
Mkt cap ! $2.443B | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.02 | 98.0¢ | $4.178M | 4.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 282890 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 158109 | 22 |
View Market Depth
| Last trade - 11.21am 22/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |