Its an interesting view, but this is where the technicals and the fundamentals certainly are calling for completely different courses.
Until the Entitlement Issue is completed the chartists may remain in charge, but once the CR is done, and positive news is released by the Company it'll likely recommence its upward path - thus IMO the next week (until the 19th) remains a great opportunity if your belief is in the fundamentals.
An interesting tug-of-war!
CU6 - ASX Charts, page-302
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 (20min delay)
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Last
$4.43 |
Change
-0.070(1.56%) |
Mkt cap ! $1.464B | |||
| Open | High | Low | Value | Volume |
| $4.49 | $4.74 | $4.40 | $4.214M | 919.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4997 | $4.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.43 | 4914 | 7 |
View Market Depth
| Last trade - 13.18pm 29/05/2024 (20 minute delay) ? |
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Last
$4.48 |
Change
-0.070 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $4.55 | $4.74 | $4.40 | 1356676 | ||
| Last updated 13.40pm 29/05/2024 ? | |||||
| CU6 (ASX) Chart |