Technicals aren’t driving the price action, there’s an expectation of future value that’s forming... so while overbought I’d suggest this will bounce in and out of that range until the market re-rates it inline with its peers, so to speak.
I’m no prophet but LDN is very well aware of our perceptions regarding his handling of shareholder value and I believe it’s been stated in the past that growth will be driven by contracts - many likely with household names.
if there is a raise though it would be for global domination on the back of a large commercial opportunity.
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $483.2M |
Open | High | Low | Value | Volume |
23.5¢ | 25.0¢ | 23.0¢ | $2.383M | 9.852M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 338128 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 1301709 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 338128 | 0.245 |
18 | 387457 | 0.240 |
19 | 1032155 | 0.235 |
20 | 1241639 | 0.230 |
18 | 713310 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 1057101 | 20 |
0.255 | 818298 | 20 |
0.260 | 715429 | 19 |
0.265 | 321272 | 13 |
0.270 | 253135 | 11 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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BRN (ASX) Chart |