Tempo timed their ANPAK conversion and SP push up almost perfectly, with the last ANPAK conversion just a week before the TH for Phase 1 results.
This could only mean they did know exactly when the result was due to be released. (admittedly we all know but probably one week earlier than we thought)
Assuming that again they know the timing of the Phase 2 deal (especially if they are in it), if and when a deal is close to being finalised something similar may happen. But this time, they have no more ammunition (ANPAK), so an on-market accumulation will be needed.
The tricks (read strategies) will be different in this case of accumulation as opposed to simply pushing up the SP and sold into it previously. This time we should see sell down 1 buy up 2 until the sellers are exhausted, then move to the next 2 pips.
Once the accumulation target is reached, I would think the push to a pre-ann SP of 5c+.
It is logical that a deal should be finalised by end of Jan.
As it is, we are still at the accumulation phase.
Just need to watch the trading pattern changes. Probably end of today and Monday when the push starts.
JIMO
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Last
8.2¢ |
Change
0.002(2.50%) |
Mkt cap ! $73.92M |
Open | High | Low | Value | Volume |
8.0¢ | 8.2¢ | 7.9¢ | $16.80K | 210.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 31992 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 0.079 |
2 | 60000 | 0.078 |
2 | 114144 | 0.077 |
2 | 46800 | 0.075 |
1 | 100000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 31992 | 1 |
0.084 | 100000 | 1 |
0.085 | 136669 | 3 |
0.086 | 33375 | 2 |
0.087 | 531562 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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