General Discussion, page-12

  1. 4,077 Posts.
    lightbulb Created with Sketch. 477
    I just wanted to point out that in the past two weeks the share price has risen 44% from .05 to .072 on very low volume.

    I think the largest volume day was earlier this week at a massive 156k shares traded.

    Looking at the buyers and sellers, there really isn't much of either. This only goes to show that with good news, the price could spike substantially. in July when the CODI agreement was announced, 1.3 million shares were traded. If that were to happen today, all the sellers would be bought out.

    I anticipate with the coming of the following announcements, we could see a share price raise to IPO levels:

    • Sign manufacturing collaboration with an industrial fibre maker
    • Sign supply agreements with 2 to 4 well-known global clothing brands

    In the meantime, there is nothing stopping the share price form continuing to rise on low volumes.
    Last edited by DoriansMirror: 24/01/20
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.2¢
Change
0.002(2.86%)
Mkt cap ! $21.33M
Open High Low Value Volume
7.1¢ 7.2¢ 7.0¢ $6.363K 89.74K

Buyers (Bids)

No. Vol. Price($)
2 136132 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 183814 2
View Market Depth
Last trade - 11.56am 18/06/2025 (20 minute delay) ?
NC6 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.