While I hope you’re right, we’re heading into that Christmas limbo period. I see it as a banker first hand every year this time. Managers, employees take time off and the wheels slow. It’s the same in the media too, which is a little concerning. A RAP announcement right now wouldn’t be met with anything but sigh, there’s no one to report it, or buy KNL.
While I want RAP to be announced ASAP, it would probably be better for us if it came after the 9/1.
The other problem is all stocks are easier to manipulate in the light volume period of Christmas. I consider a rise just a likely as a fall due to the thinning volumes and lack of buyers watching and ready to press buy.
Case in point, I myself am taking time off for a couple weeks and will be out of range after this week. Hopefully we’re in the 25c-30c range when I return!
While I hope you’re right, we’re heading into that Christmas...
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Last
11.0¢ |
Change
-0.008(6.38%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.0¢ | $46.09K | 406.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 59649 | 2 |
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| Last trade - 12.54pm 10/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |