I sold out today, I think this stock is going nowhere good in the short term. Really disappointed with its UK numbers and Cryto trading being 12 months away. I also think the rebrands a bad idea at this moment and should of been done either before they started building the business or later on down the track.
I don't see a great financial report coming up and I think the change in name will confuse customers and your starting brand awareness from scratch again and therefore I see it impacting the next quarter.
I think If it goes under $6 I'll probably buy back in but I don't see it increasing from here until the run up to Christmas.
Ann: Q4 FY21 - Record Results Building on Global Momentum, page-436
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Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93847 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 556968 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |