Market is assuming no news is bad news, that is why the SP is going down, simple.
The longer they take the more the SP will go down. Engineering risk I guess it is called.
However if it works as expected, or better than expected, the SP rise, I would imagine, will be spectacular.
And so we wait, as we long term holders have done for SO SO long. Nothing else we can do but wait. If the risk/reward looks good to you, buy more, if it looks bad to you, reduce your risk by selling some.
I am holding as I have plenty by my standards. Enough to be VERY happy if things go well & VERY sad if it's a dud & we have to WAIT for the next version of the fluid bed reactor and/or whatever else is required to make it work continuously.
No insiders selling, in fact some big buys in the latest CR at 48c
.
Ann: CDP Reactor Successfully Commissioned, page-157
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Last
34.0¢ |
Change
-0.010(2.86%) |
Mkt cap ! $78.23M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 33.5¢ | $22.74K | 66.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3039 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 3000 | 1 |
View Market Depth
| Last trade - 15.58pm 03/10/2024 (20 minute delay) ? |
| HZR (ASX) Chart |