No, I think the price is being capped by some entity that wants to accumulate shares around the 20c mark.
It has been cleverly sold down on relatively low volume and now seems to be holding at this level.
It gives the rest of us mere mortals a chance to add a few more.
Remember, we only have about 152 million shares on issue, which is very low for a Company like Identitii.
The potential upside from here is incredible, I wouldn't mind holding 5% of the stock
ID8 Chart, page-144
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $7.156M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $2.405K | 204.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1113000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 479474 | 3 |
View Market Depth
| Last trade - 10.19am 15/10/2024 (20 minute delay) ? |
| ID8 (ASX) Chart |