Fair to say we have found a bottom in 1.7 which is a 50% retrace on the last big move candle from 1.3 to 2.1.
Good support will be there. Don't think you will get anything at 1.6 or lower from here on in with anticipation of news a month or two away.
It will build from here, but I'd suggest it won't surpass 2.3cents without news unless there is a leaky boat. due to those 13m shares issued there.
Ann: Appendix 4D & Interim Financial Report, page-35
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14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.15M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $6.412K | 45.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 60565 | 4 |
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| Last trade - 13.33pm 06/09/2024 (20 minute delay) ? |
| FL1 (ASX) Chart |