Well for me I would say if it went anywhere near 40c that would be a significant pump but I think the only way I can see that is if it gets pushed up 7% or so for a couple of days followed by a bigger move. I think plenty people will want out though so I can't see it lasting long.
Personally I don't think we are at the bottom if there's no good news very soon as we really are moving into tax loss selling time now, I could see it going to 22c without a CR just on the selling pressure alone as it's down over 70% this year.
It's a terrible time for a CR the dilution will be ridiculous for very little financial gain so I hope they have other viable options.
I really think it's all coming to a head now I would be amazed if the spend last quarter is anywhere near estimates based on recent form.
All IMO but I hope I'm very wrong
Well for me I would say if it went anywhere near 40c that would...
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Last
25.5¢ |
Change
0.020(8.51%) |
Mkt cap ! $89.19M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 26.5¢ | 23.5¢ | $263.5K | 1.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 155790 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 80000 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
25.0¢ |
Change
0.020 ( 6.38 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 26.5¢ | 23.5¢ | 218514 | ||
| Last updated 15.58pm 07/05/2024 ? | |||||
| PAR (ASX) Chart |