We've been watching a seller place & remove a 900K+ order for about 1 - 2 weeks. I was just looking at the chart and if we see a 1Mil day for shares and the averages look like this, this COULD be a goer.
Very little on the sell side but cash is an issue.
Need time for the coal import ban to convert to sales.
I think both technically & fundamentally this company is in a good spot. They just need to survive a bit longer till a coal contract comes through IF a power station ever goes ahead. If it goes that way, I would honestly take my hat off and apologise to the directors for my lack of vision. They can then laugh all the way to the bank.
Could be wrong - I do hold the stock as a disclosure. Have done since the old ATQ days.
RSI under 50 not so great and thin volumes dont help. Pretty tightly held stock though.
Coal is back in favour a bit and this stock has been forgotten imo.
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $1.690M |
Open | High | Low | Value | Volume |
0.1¢ | 0.2¢ | 0.1¢ | $19.00K | 15.00M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 63453580 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 18234777 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 63453580 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 18234777 | 10 |
0.003 | 35616172 | 15 |
0.004 | 13378325 | 5 |
0.005 | 12789600 | 13 |
0.006 | 3300000 | 3 |
Last trade - 14.41pm 04/09/2024 (20 minute delay) ? |
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IEC (ASX) Chart |