appreciate the analysis, but if you add the volume by price barchart to yours, you will notice that there aren't many people stuck above 27c, even from 2015. It would just be silly to sell after holding for 3-5 years just to break even after a run from 3 cents in 2020 alone.
Once the SP is above 27.5c, only the MC valuation will dictate what the SP will reach, of course backed up by future company announcements and market momentum.
appreciate the analysis, but if you add the volume by price...
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Last
16.8¢ |
Change
-0.003(1.47%) |
Mkt cap ! $323.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $403.6K | 2.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 90 | 2580224 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1127270 | 49 |
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| Last trade - 15.44pm 02/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |