yeah, it's gut wrenching seeing that drop, but my feeling is that on good news, (which this is) the smart money is in trying to accumulate as much as possible at these levels, maybe trying to trigger stop losses? I saw and continue to see the same games being played on cnb. Good news seems to equal a treeshake. But until we get our first results and a cracker result, people will try to hold this down and accumulate whatever they can, but they won't be able to hold back the flood gates when we get a cracker result (which would be anything above .4%) and considering how few shares are available, the best bet here is to hold until we get that ann. I'm hoping for a run similar to our counterparts nearby, whose mc went from 30m to nearly 300m in a short number of weeks. Not that I place much emphasis or credibility on morning star, but they do have cpm running around $1.11 for fair value estimate. which is interesting, anyway I'm holding till i get my 10 bags, which shouldn't be too far off aimho. gltah.
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yeah, it's gut wrenching seeing that drop, but my feeling is...
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Last
7.8¢ |
Change
-0.006(7.14%) |
Mkt cap ! $6.112M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 7.8¢ | $38.49K | 475.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6303 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 18500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6303 | 0.078 |
1 | 75000 | 0.077 |
2 | 110000 | 0.070 |
1 | 10000 | 0.069 |
1 | 100000 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 18500 | 1 |
0.088 | 35000 | 1 |
0.089 | 50000 | 1 |
0.090 | 37500 | 1 |
0.093 | 6000 | 1 |
Last trade - 15.50pm 07/06/2024 (20 minute delay) ? |
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Last
8.0¢ |
  |
Change
-0.006 ( 3.61 %) |
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Open | High | Low | Volume | ||
8.2¢ | 8.2¢ | 7.9¢ | 130976 | ||
Last updated 15.46pm 07/06/2024 ? |
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CPM (ASX) Chart |