Where to from here?
It looks like the rebound rally ran out of steam - the 10c barrier will be a hard one to crack as it transitions into 0.5c pips
If we stay sub-10c for an extended amount of time , 5c is looking more likely imo.
Many here question why would IOU be at 5c as they claim this would be undervaluing the business.
Undervalued companies on the asx are aplenty and its more common than one would think.
Ann: March Quarterly Appendix 4C, page-55
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Mkt cap ! $6.090M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $4.723K | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 65786 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7209552 | 17 |
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