For those that like cup and handle formations I think we might see one play out here which will give a short term price target of around 4.2c ish which would be a new high and therefore some blue sky ahead. I think 4.5c might also be on 1620 radar short term.
The Company will pay a monthly retainer fee and, subject to shareholder approval, issue 1620 Capital with 40 million performance rights, which will vest based on achievement of a sustained rise in the price of the Company’s shares trading on the ASX. The milestones for the performance rights are as follows:
i. 10 million performance rights issued if the Company’s share price is equal to or higher than 3.5 cents per share for a minimum of 10 consecutive trading days;
ii. 10 million performance rights issued if the Company’s share price is equal to or higher than 4.5 cents per share for a minimum of 10 consecutive trading days;
iii. 20 million performance rights issued if the Company’s share price is equal to or higher than 5.5 cents per share for a minimum of 10 consecutive trading days; The Company considers that the milestones listed above are closely aligned with shareholders’ interests.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.54M |
Open | High | Low | Value | Volume |
3.7¢ | 4.0¢ | 3.5¢ | $93.02K | 2.473M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 83331 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 23000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 83331 | 0.036 |
1 | 196038 | 0.035 |
4 | 592646 | 0.034 |
2 | 1010521 | 0.033 |
1 | 65000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 23000 | 1 |
0.038 | 200000 | 1 |
0.039 | 1063977 | 3 |
0.040 | 1005132 | 6 |
0.042 | 250000 | 1 |
Last trade - 15.58pm 19/08/2024 (20 minute delay) ? |
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ZEO (ASX) Chart |