probably need confirmation from someone like @Jako8557 for this with one of his wave charts, but given the historical volumes on price levels and the fact that less than 200m of these shares would be in "loose" hands (possibly even alot less, i imagine there's quite a few holders outside the T20 with longterm positions), i would wager that all of the heavy lifting has already been done in the last 6 months of churn, and the volumes dropping off dramatically after 2.8c suggest that breaking through 3.3c will be less difficult than it looks from just the lines on the page.
i'm sure there'll still be a few fatigued holders trying to get out along the way, but 5c "short" term target is still possible to me.
i think newer holders will breath easier and relax into longer positions if they are in the green straight away as well, making it easier to shake off historical pessimism![]()
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Mkt cap ! $37.34M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.2¢ | $853 | 16.40K |
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No. | Vol. | Price($) |
---|---|---|
3 | 154571 | 5.2¢ |
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Price($) | Vol. | No. |
---|---|---|
5.8¢ | 13817 | 1 |
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2 | 58475 | 0.052 |
2 | 15000 | 0.051 |
2 | 60000 | 0.050 |
1 | 10000 | 0.048 |
1 | 13000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 13817 | 1 |
0.062 | 10000 | 1 |
0.065 | 61300 | 1 |
0.068 | 149999 | 1 |
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