@winning10bagger
In reply to your question on the Media Thread...
I am hoping 74 cents will still be achieved by early February and possibly by Christmas.
The upward price movement has been very bumpy and events like ASX200 inclusion and/or clinical results announcements etc will provide more demand for the shares and a price increase.
If we do not have those events, we will probably hug the bottom of the channel until we do have something to excite the market. We might still get to and be at 65 cents in the second week of January.
Here is a partial snip of the log scale chart with current price. The channel has not changed enough in the last 3-4 month to see much difference. (@bat35y - you may be interested in the chart with your previous question.)
We have mostly been in the lower 1 Standard Deviation Channel since August. Its not a bad thing, we just don't want to get out of it. It would be nice to see a break out in the upper area like occurred in June and for it to stay there a long time and thus changing the channel and the slope of the (red) regression line.
Cheers
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Open | High | Low | Value | Volume |
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14 | 789971 | 0.081 |
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Price($) | Vol. | No. |
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