It looks as though management unfortunately made the wrong decision to publish a MRE earlier than expected. While it was dangling out in front as an unknown quantity it gave people something to look forward to in hope. Now they've seen it they're probably thinking there'll be no real catalysts for SP growth through Q1. Buyers at this low level will probably do very well with a 12 month hold, though many will probably happily take a 5-10% gain if the SP bounces even slightly in the near future. It's certainly always hard to claw back falls like this without outstanding news.
It looks as though management unfortunately made the wrong...
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Last
74.0¢ |
Change
-0.010(1.33%) |
Mkt cap ! $159.1M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 77.5¢ | 73.0¢ | $496.1K | 661.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3479 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.5¢ | 3500 | 1 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |