I admire your optimism. I use a momentum oscillator that has entered the same pattern that it maintained from May to October - not good news.
I am concerned that in the short term,a substantial short-fall in the uptake will spark a negative market reaction that could even negate any anticipated response to news of the issue of a licence, since this is now a foregone conclusion.
My reaction? A buy order at 0.11c.
Daily Price Movement / General Discussion, page-76
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.09M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $9.081K | 1.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 10013083 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4024919 | 8 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PIL (ASX) Chart |