Yes, I am inclined to agree with you, so the temptation is to ride the SP up …. Sell … and wait to go back to the 7’s before buying again .The risk of missing the boat if you do that though is becoming increasingly bigger the further down the track to 20nm you get.
The thing that I thought was very odd is DM told us at the investor presentation on the Gold Coast that an announcement could come at any time prior to 20nm success that we have signed a ‘development partnership’ with a big player ( which in his words would likely be the end buyer) . I would have thought an agreement like that would only come AFTER success (or very near success at 20nm).
In any case if you take DM’s words at face value it could be a risky strategy to trade this late in the game. This isn’t investment advice……. Just saying these are things that I have to weigh up.
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9.2¢ |
Change
0.004(4.55%) |
Mkt cap ! $162.2M |
Open | High | Low | Value | Volume |
9.0¢ | 9.2¢ | 8.8¢ | $233.1K | 2.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 1281 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.091 |
2 | 157000 | 0.090 |
3 | 430000 | 0.089 |
8 | 995819 | 0.088 |
3 | 372471 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 1281 | 1 |
0.093 | 138753 | 2 |
0.094 | 410000 | 2 |
0.095 | 783512 | 4 |
0.096 | 892956 | 7 |
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