It would appear other traders/investors are re-reading the Explanatory Statement for the GM on 7/8.
The SP is the ultimate judge. Agree with Oswerve's posts.
Buy side was around 47-48 million last week. Now down to 39 million, while on the sell side the volume was around 7-8 million; now 11 million. This indicates sentiment at current price has turned negative. Today's pullback to 3.9c is only 7.14%. I expect it to be lower tomorrow, assuming no announcements.
Still looking @ 3.5c as a re-entry price but it may go lower.
A T/O wouldn't surprise either.
Ann: Proposal to Discharge Debts by issuing Securities, page-29
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $7.356M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.598K | 1.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 182922007 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 7689812 | 7 |
View Market Depth
| Last trade - 15.56pm 04/07/2024 (20 minute delay) ? |
| EDE (ASX) Chart |