I won't profess to be a chart expert but can see some noticeable differences between this CR and Dec.
In December the SP fell from a previous close of 20c to 16c through a volume of 40M shares. This time, 19.5c to 16.5c with 25M shares. IMHO, SH sentiment is different this time around due to debt facility being in place, senior operational recruits commencing new roles and a runway to the middle of next year.
I wasn't around in December last year but would be keen to hear form anyone that has a view around why the SP turned down after a short recovery following the CR Ann.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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23 | 1435526 | 0.165 |
27 | 1260899 | 0.160 |
19 | 1994685 | 0.155 |
76 | 2361343 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 659525 | 23 |
0.185 | 1144776 | 16 |
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