IIQ 0.00% 57.5¢ inoviq ltd

BD1 SP Trajectory

  1. 2,915 Posts.
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    Is BD1.AX in a similar sp trajectory as BIT.AX

    2 weeks ago when the Dow Jones index crashed more than 800 points overnight and the next morning huge number of stocks on asx were in red while BIT.AX were holding up well and finished the day at about 7% up (15cents versus 14cents).

    Then the next day it went up around 22% intraday to closed at 17cents.
    And the following day it shot up and closed at 26cents (up a massive 52%)
    Then again the next day it shot up to 44cents intraday (up 69% intraday).

    With current very low market cap at $32mil and most of profit takers already exited yesterday, if BD1 can hold at or above 3.9cents today I think there is plenty of room for sp to gain in days ahead.

    10cents is still on the card and once 11cents is smashed you never know where it will take us to.
 
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