SimolOu market movements have next to no impact on penny stocks, large and midcaps are what is effected. This is a momentum play pure and simple, must trade the trade.
I was locked out of the sell as busy elsewhere last week when the stock hit 7.5, patiently kept accumulating all the way down to 3.9 then sold today at 6.1 for a few K profit, If you missed the exit today then buy tomorrow it may gap down on open and ride it up and then get out. Trade it until something more substantive is announced - possibly after the cap raise.
Just my humble opinion, if you believe in the story however then hold and buy on dips.
Chart, page-1020
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 (20min delay)
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Last
55.5¢ |
Change
-0.005(0.89%) |
Mkt cap ! $61.48M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 56.0¢ | 55.5¢ | $14.89K | 26.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4415 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 1280 | 1 |
View Market Depth
| Last trade - 14.37pm 04/09/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |