Long consolidation at these levels is healthy imo.
The spike from 0.047 to 0.075 wasnt sustainable.
The longer the consolidation the bigger the run for the next leg.
If the price holds between 0.058 to 0.062 untill full year account's holders should do well pending results.
Next leg will be the november when options expire.
Also....the sellers of the milk manufacturer will be cashed up after first payment so they may purchase on market?
Ann: Acquisition of 70% of Australian Infant Formula Manufacturer, page-763
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Last
47.0¢ |
Change
-0.005(1.05%) |
Mkt cap ! $39.55M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.5¢ | 47.0¢ | $24.57K | 51.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 841 | 1 |
View Market Depth
| Last trade - 15.35pm 30/05/2024 (20 minute delay) ? |
| JAT (ASX) Chart |