given that pre platform lot 4 results the share price spiked from 3 cents to 6 cents - the current price action before this anticipated announcement isn't great.
This stock often leaks before news, and there hasn't been a big move upwards in the lead up to this expected IMEC news
The market always knows - it's human nature to spill the beans to someone.
More likely now that another platform lot was advised by IMEC that will have different parameters for different chips on the array to test a wide range of metrics, each one with tweaking and tuning variations.They will know the various levels and combinations of metrics that memory makers and buyers will be impressed with, and if they can hit those targets then it becomes a very attractive proposition to a multitude of suitors and be much better placed to sell.
We are on the right track but still a ways to go yet.
given that pre platform lot 4 results the share price spiked...
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Last
8.4¢ |
Change
-0.001(1.18%) |
Mkt cap ! $148.1M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.9¢ | 8.4¢ | $98.72K | 1.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 85720 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 20305 | 2 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
8.5¢ |
Change
-0.001 ( 1.16 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.9¢ | 8.3¢ | 546393 | ||
| Last updated 15.41pm 31/05/2024 ? | |||||
| 4DS (ASX) Chart |