Ann: Director Resignation, page-33

First 33 Last

Share
Profile

Follow
italabria

16,735 Posts.

1358

18/01/22

06:05

Post #: 58932993
Share

Originally posted by blister: ↑

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.
View attachment 4000619

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.

Expand

either way mate there are a lot trapped in this one and it’s not going to just go vertical up. Needs to consolidate still and create a bigger base. Still 11 mill debt. Plenty of time to take a position once I see the tide turning which I’m yet to see.

M8S Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

First 33 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Director Resignation, page-33

Top Stories

Australia’s gas crisis is here – and dying coal plants aren’t helping

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Monash IVF shares cater 25% – Disaster or deep-value play?

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Featured News