Looks like the share price may have spiked on some short covering.
Any company that's cash flow negative is a good chance to trend down in the absence of good news. Drip, drip, drip. One smallish deal buys a bit of time but any serious change in prIce direction will need some major good news (or a steady stream of smaller ones).
I bought a few shares on the basis that this deal might be the first of many but more in hope than in confidence.
Ann: UPDATE ON TASLY TRANSACTION, page-47
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Last
94.0¢ |
Change
-0.020(2.08%) |
Mkt cap ! $1.073B | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 97.0¢ | 93.5¢ | $1.424M | 1.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 29390 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 14089 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |