I also have a large holding and was waiting for confirmation of cash flow positive in Q4. However, there is more and more evidence each day that this stock is being rerated without the hard data (well at least I don't have the data, maybe instos have better visibility).
So after checking myself for FOMO emotions, I believe it is truly being rerated and as I know the stock well and have been waiting 2 years for this event, I am comfortable buying more now. I don't like the look of the exponential rise in the last 2 weeks but my downside here is limited to 50-55c but upside is considerably more. Time will tell if this was a good top up time
Chart, page-6379
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $134.5M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $1.001K | 8.007K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 354756 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 36641 | 3 |
View Market Depth
| Last trade - 10.02am 14/06/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.000 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 2380 | ||
| Last updated 10.16am 14/06/2024 ? | |||||
| FLC (ASX) Chart |