It's being played like a fiddle right now. I'll note that limited selling on a -1%+ day is a positive for now, especially after yesterdays sharp move based on absolutely nothing at all. Yes, the share price is primed for another move higher, closer to where it's true value should be.
I'm not confident that medium-term ASN shares can maintain true value however, if they actually do reach it, due to how they have shown poor management of the capital raising to which you make reference. I'll leave it there as there could be those who possibly will feel annoyed at it being mentioned once again.
It's a plaything until we have some clear and determined direction demonstrated.
I spoke too soon perhaps on it holding up well.???
TOWB
ASN Chart, page-108
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 (20min delay)
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $135.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $381.1K | 3.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 545227 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 345234 | 4 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
0.000 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.0¢ | 2679117 | ||
| Last updated 15.45pm 26/04/2024 ? | |||||
| ASN (ASX) Chart |