brainy, I think there was excitement this time around as evidenced by the 50% increase in market cap from mid to late feb.
As it turns out the excitement was pre-mature and has since run out of steam.
Time will tell how much enthusiasm is left when the date is confirmed, but I think the fundamentals of increased buying demand and a broader investor base will garner enough enthusiasm to push us past the Feb high.
I think 30c + is where we should be now, and is the price we will be re-rated to post NASDAQ (by US investors) until the next re-rating after (hopefully) positive news comes through in the next 3 - 6 months
could this be the week, page-8
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.3¢ | 29.3¢ | $1.323M | 4.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111754 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 61590 | 3 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |