21 Sept James Haden appointed
11 Oct SP starts lifting from 3.4, hits 5.2 today = 53% return. Traders will take profits
Pure coincidence that SP covered gap shortly after my post - wasn't me.
Think it is going to have to churn now for a bit. I have the 200 EMA at 5.4 ish, but the important thing is we want to see volume and churn here to form a platform for the next leg up, which when it happens, will see the SP rise into that 7.5 to 8c area which is a prior area of congestion.
I have reread James CV as published in the release and a couple of articles and think he is a solid choice to turn this ship around. Suspect they are looking for that US based new Chairman as we speak. James will have some very good connections from his prior roles, and I expect another appointment notice pre Christmas.
I think this is a good time to now start accumulating a solid position.
21 Sept James Haden appointed11 Oct SP starts lifting from 3.4,...
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $62.12M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.2¢ | $117.9K | 3.484M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138104 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1459999 | 1 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
3.4¢ |
Change
-0.002 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 3.5¢ | 3.5¢ | 3.2¢ | 1498163 | ||
| Last updated 15.54pm 19/04/2024 ? | |||||
| BLG (ASX) Chart |