M7T looking very good. IMO the SP is undervalued which will be corrected once the quarterly is out. It's very difficult to analyse the figures of M7T due to a lot happening over the last 6 months. The market will wake up when it is clearer.
Technically M7T has a falling wedge pattern in play - which is a common reversal signal. IMO we have seen the bottom and hence reversal already, this will be confirmed when it breaks out of the downward resistance, resistance is currently between 5c - 6c depending on where you draw your trendlines.
GLTAH
Ann: Change of Director's Interest Notice-M7T.AX, page-35
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Last
59.5¢ |
Change
-0.005(0.83%) |
Mkt cap ! $143.5M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 59.0¢ | $78.28K | 130.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 215844 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 95896 | 2 |
View Market Depth
| Last trade - 15.40pm 26/07/2024 (20 minute delay) ? |
| M7T (ASX) Chart |