bots have been holding the price down possibly for VWAP, and the market has been expecting an announcement RE: capital raising that they were expecting to come in the form of a placement. The placement seemed to be expected to dilute the market...
this news should return the stock to higher levels and allow it to build into record territory as we movve through towards the end of the 12 weeks period.
I think based on this result, the consolidation at low levels is over and we'll be seeing steady growth from these levels higher....
otherwise I would conclude that the market is massively UNDERVALUING Goanikontes!
If you dont have the stomach for a three month to three year hold, you are missing the point on this one, because it is a GROWTH stock
chart watch, page-5
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Last
$2.74 |
Change
0.010(0.37%) |
Mkt cap ! $481.6M | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.80 | $2.70 | $1.473M | 534.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 416 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |