Yes this is a possibility but the fact remains we are still well short on sales guidance and need the extra offtake . The recent announcement initially made it seem that an additional 100k of inventory had been sold , but in reality all that occurred was they had locked in 100k of sales over 3-5 months. Even the fact that sales can occur over 5 months means sales of only 20k per quarter. Thus I think the initial excitement was premature and the jump from 15.5 to 18 will only be sustained by confirmation of an additional offtake. This is why I think the insto has taken opportunity to exit
don’t get me wrong , I still think it’s a solid buy but I think many mistook the announcement as I initially did , and that is that another 100k of sales had been locked in
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Yes this is a possibility but the fact remains we are still well...
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Last
6.3¢ |
Change
0.001(1.61%) |
Mkt cap ! $70.69M |
Open | High | Low | Value | Volume |
6.3¢ | 6.4¢ | 6.3¢ | $2.187K | 34.62K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17160 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 73578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17160 | 0.063 |
2 | 32308 | 0.062 |
3 | 124577 | 0.061 |
3 | 260729 | 0.060 |
1 | 30000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 73578 | 1 |
0.069 | 30000 | 1 |
0.072 | 483786 | 1 |
0.075 | 40000 | 1 |
0.090 | 9959 | 2 |
Last trade - 15.58pm 13/09/2024 (20 minute delay) ? |
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