This is my fear especially with the large influx of new holders who, based on the comments i've read on HC, have not done much DD.
Glad to see some pull-back today which was expected given the VWAP was far lower than our previous close.
"but it's different this time" is always a dangerous position to take, though in this case there is a reasonable argument for it being true given the $22m sales within the last 2 months.
The ability to hold the 72% gain since 1 Jan will likely rely on further good news within a short amount of time otherwise I can't see it breaking it's historic pattern of big leaps up and slow slides down.
Interestingly Epirus reported a $66m deal for their microwave-firing swarm solution. It's a big market out there...
This is my fear especially with the large influx of new holders...
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Last
$1.18 |
Change
-0.055(4.45%) |
Mkt cap ! $1.029B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.17 | $14.94M | 12.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30300 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 36921 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |