If your making a loss i presume this means you've bought as a result of the latest's Ann's?
Couple things to try help:
- Historically the stock has gone sub 0.10c but not very much lower and not for very long.
- The stock was recently heavily oversubscribed (10x the offered amount) @ 0.125c. While this was ITM when the placement closed, it is still an encouraging sign of existing holders appetite (despite what some posters say)
- It has gone as high as ~0.45c based off exciting announcements that haven't turned into a strong sales pipeline. Recent Ann's have been similar however, slightly more concrete in terms of genuine sales.
- Older Institutional investors Bergen exited at its peak (30-40c) with large profits selling to Regal who have subsequently exited at a large loss (they sold in the low 0.10s). Don't read into this too much unless you recognise and have a view on both funds.
- You might collect dust on your shares holding on for them so long without good price movements
- You might collect dust on your shares because we're about to visit the moon.
Hope the above 1-4 helps with your decision making process.
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Last
$1.40 |
Change
-0.090(6.04%) |
Mkt cap ! $1.067B |
Open | High | Low | Value | Volume |
$1.51 | $1.51 | $1.36 | $35.85M | 25.56M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 139470 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 14 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 27470 | 1.400 |
1 | 1101 | 1.395 |
4 | 38584 | 1.390 |
4 | 20414 | 1.385 |
9 | 17542 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.410 | 14 | 1 |
1.420 | 114259 | 4 |
1.425 | 43587 | 3 |
1.430 | 24000 | 3 |
1.435 | 25215 | 5 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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DRO (ASX) Chart |