What is alarming for current holders who want to continue to hold “long” is that resistance won’t be on their side for a good while.
Even if Walmart was to be announced, it would be crippled by the underlying issues at hand, twisto dilution, Larry’s loaned shares until July, cap raise risk, limited cash, inflationary fears, lack of insto and fund interest (except for shorting), and a lot of trapped retail up the top
track the volume history between $8-$10
a vendor type announcement will only pump it before it is dumped into by both of those waiting to get off and those who are trapped.
there are more factors that are currently known to us, that point to another slow 6-12 months in capital growth, than there are to make us think it will be explosive
the only positive ones not known to us, is hope of a US investor or a dual/cross listing (which could go either way)
my opinion only, not investment advice and dyor
What is alarming for current holders who want to continue to...
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Last
$1.15 |
Change
-0.070(5.74%) |
Mkt cap ! $1.258B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.15 | $37.10M | 31.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 190540 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 7735 | 3 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.070 ( 3.72 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.25 | $1.16 | 5299742 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| ZIP (ASX) Chart |