Great analysis, and I am not trying to dump, but the wedge could go on until March 2025.
Personally, I like the chart and fundamentals, but I think the big boys will be building their positions under 5c until at least the expiry of the options in February 2025. If heads get up to option exercise price of 4.6c, there will be selling pressure by holders so that holders can get those extra piggyback options on exercise. If it does not get to 4.6c and options expire then it opens an opportunity for the big boys to have another placement at current levels.
Quarterly will show how they are travelling cash wise.
Also, the uncertainty of presidential election in the US, whether it is a real uncertainty for the sector or just psychological barrier (i.e. who knows what would happen to claws)
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.14M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $2.409K | 100.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1404632 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 829247 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 458800 | 0.024 |
11 | 1390118 | 0.023 |
13 | 894822 | 0.022 |
6 | 424476 | 0.021 |
12 | 504906 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 789347 | 3 |
0.026 | 1265868 | 5 |
0.027 | 400000 | 1 |
0.028 | 320000 | 2 |
0.029 | 485344 | 4 |
Last trade - 10.00am 14/10/2024 (20 minute delay) ? |
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