Seems like this stock cannot move above 1.30 until such time frustrated holders give up and sell out. Only then will it break higher.
I'd be happier if the company put a worst case scenario figure on redemptions and just let the market digest it. In my view buyers will not touch this until the uncertainty around redemptions is addressed.
Seems like this stock cannot move above 1.30 until such time...
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Last
$1.78 |
Change
-0.020(1.11%) |
Mkt cap ! $869.7M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.83 | $1.75 | $1.032M | 579.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 3196 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.77 |
Change
-0.020 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $1.81 | $1.82 | $1.75 | 35136 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| NGI (ASX) Chart |