mum no pure chartist - but it would be interesting to see if this sets up for a bullish cup and handle.
The moving averages are setting up to provide some potential handle support also.
This coupled with solid volume And potential news (other institutions like KP coming on board, the negotiation of the outstanding invoice, some solid throughput data) could also support the set up.
we have seen one institution sell a bunch to another on market. How many others see higher upside and want in. Given there is no short term potential for dividends, these institutions must be banking on capital appreciation.
I would like to see the company release some better data on lab throughput etc. though the last update alluded to KP not having the systems in place to ensure the orders are streamlined. I would not be surprised if we are still 3 months away from first KP orders.
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Last
15.8¢ |
Change
0.003(1.94%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
15.6¢ | 16.4¢ | 15.6¢ | $35.83K | 223.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
0 | 12879 | 15.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.4¢ | 76943 | 0 |
Last trade - 11.00am 04/10/2024 (20 minute delay) ? |
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