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OK - I respectfully do not agree with that. In my opinion it did...

  1. 3,967 Posts.
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    OK - I respectfully do not agree with that. In my opinion it did not rise enough to be considered a breakaway gap. The chart is claerly showing buyer fatigue and scoping study if on time is not expect till late Q2 2018 - at least another month.

    With placement shares becoming available (no doubt holders have been selling existing holding to pay for them) and options converted - I see downward pressure closing the gap and possibly overshooting it as well.

    2.6 mil shares to go before the gap closes. Expect to see some support around the 15c mark
 
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Change
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Mkt cap ! $25.71M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $27.99K 2.799M

Buyers (Bids)

No. Vol. Price($)
20 11551939 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1963087 5
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Last trade - 11.03am 01/11/2024 (20 minute delay) ?
CLA (ASX) Chart
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