I thinking there needs to be a positive catalyst for the share price to break into the $1.10 -$1.20 level. Attractive valuation metrics may not get it there by itself. I suspect the recent price movement suggests the market is sceptical about future revenues being flat or slightly negative. The AGM is coming up in early November so there should be an update on sales.
I thinking there needs to be a positive catalyst for the share...
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Last
$1.23 |
Change
-0.025(1.99%) |
Mkt cap ! $161.1M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.23 | $1.134M | 907.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6469 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 55364 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| SSG (ASX) Chart |