context in all things. they only IPO'd for 20million bucks and...

context in all things. they only IPO'd for 20million bucks and current MC at 9 million, so while I agree chart looks horrible, that's a pretty common swing in spec land... 50% swings being the norm when you immediately go into development/building the actual money earner and the cap raise that dilutes.

Also not sure a two year chart in spec world is much help from a technical perspective. At worst maybe 12 months and only if its super gappy. support was/resistance now 1.9c....once broken it'll be driven by the numbers as the drift downwards has been on illiquidity and bugger all volume...biggest trading day in the company's history was $400k exchanged, chicken feed.


this one will be driven by fundamentals imo. I imagine that the permits for gin gin are worth more than current MC noting the pain in the arse the EPA is these days. I wouldn't be shocked if cleanaway came in with a low ball take over bid for Gin Gin once operational.

just my musings though.