My chart reading of current activity is a very bearish descending triangle.
The most recent past instance was from third quarter 2022 to first quarter 2023 when it broke the support at 0.008c in late January and descended to 0.005c in late March.
We could see much the same here, so if you have cash in the bank, keep it dry. You could buy twice as many units as you would get at today's 0.010c
Daily Price Movement / General Discussion, page-3201
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Last
0.7¢ |
Change
-0.004(35.0%) |
Mkt cap ! $14.84M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.6¢ | $359.6K | 47.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 6877238 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7989565 | 20 |
View Market Depth
| Last trade - 14.02pm 13/08/2024 (20 minute delay) ? |
| PIL (ASX) Chart |