Share price has lots baked into it at 5c, I wouldn’t be chasing any stock in this market. The new year has been much better at the micro cap end of the market, but if 2018 taught us anything it’s that a better buying opportunity is likely just around the corner.
This week watching her move quite quickly from around 4.2c to 5c is a strong move north which will require something positive in the Qtrly to underpin/justify that 20% movement.
Let’s see the Qtrly, but I personally can’t see it being good enough to cause a big SP spike from here.
3dp chart, page-22
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Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $52.32M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.7¢ | 6.5¢ | $18.61K | 280.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 116331 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 180000 | 3 |
View Market Depth
| Last trade - 15.54pm 26/08/2024 (20 minute delay) ? |
| 3DP (ASX) Chart |