I sold it all and I'm waiting to rebuy at 8c.
Joking. I topped up a little at my supply points (37.5c and 35c) and thought people suggesting it would go back to our consolidation point in the mid 20's was laughable.
I don't think the sell off really had anything to do with the news. It had run over 100% in a few weeks, and was looking for any excuse to consolidate. The non outstanding news was that excuse. With the low SOI it's a bit of a panic snowball, but one that probably had to happen whether it was quickly or slowly.
I'd imagine with no news we will still bounce around somewhere between 37.5 and 45 for a bit and churn through some more shares, but think it will be business as usual and up to attack the blue skies.
I sold it all and I'm waiting to rebuy at 8c.Joking. I topped up...
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Last
46.5¢ |
Change
-0.030(6.06%) |
Mkt cap ! $79.95M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 51.0¢ | 46.0¢ | $207.7K | 429.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12870 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 639 | 1 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| CNB (ASX) Chart |