Interesting action today. 5GN achieved $3M EBITA from H1 (Half...

Interesting action today.

5GN achieved $3M EBITA from H1 (Half Year) FY20
FY20 (Full Year) should achieve well over $6M+
The current Market Cap of $65M suggests that 5GN is on a Price to Earnings of around 10-12

UWL (same sector) is expecting FY20 to achieve $30M EBITA on a $510M Market Cap gives a PE of 17-19

As for the chart today. Looks like a seller wanted out. Call it what you want, shakeout, downtrend, uptrend, back test of break, big boys accumulating, kind of cup and handle, daffodils, edamame beans, whatever you like.

I'll let the results digest, clear out some weak hands and see how it goes. All the best.