A retrace is expected. People saying not a good look etc... nonsense. It's an early stage small cap with a relatively small share register, SOI and market cap (good thing).
Focussing on short term share price movements at this point doesnt make sense. Fundamentals are extremely strong and they don't change because there's a short-term change in SP. Low MC means that the share price can move up or down with not that much $ traded.
If it drops to CR SP, this will still make sense given 10% uplift in SOI. It'll be great if it doesn't drop to that level (7.5c) youll find me in the T20 because ill be loading up - you only need 700k-800k shares (which should give even more context about how small the share register is).
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.413M |
Open | High | Low | Value | Volume |
5.3¢ | 5.3¢ | 5.3¢ | $1.325K | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1980765 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 9642 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1980765 | 0.053 |
1 | 50000 | 0.050 |
1 | 102000 | 0.047 |
1 | 22222 | 0.045 |
1 | 56818 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 9642 | 1 |
0.063 | 30715 | 1 |
0.064 | 40000 | 1 |
0.065 | 29200 | 1 |
0.066 | 23144 | 1 |
Last trade - 13.26pm 31/07/2024 (20 minute delay) ? |
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