Well nothing goes up in a straight line. After the amazing share price rise there is always going to be consolidation. Sure maybe 80c was overvalued based on where the business was at, however it seems to have consolidated nicely around 50c. I suspect it may travel sideways from here until the next lot of good news which should not be too far away I suspect- could be acquisition, could be sales results, margin increase, store openings etc
In any case if you had told me this would have 10 bagged in a couple months from IPO I wouldn’t have believed it and would have been over the moon at a 100% jump.
Rewards come to the patient amongst us.
Well nothing goes up in a straight line. After the amazing share...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $9.641M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $12.28K | 2.269M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 30714511 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 4250785 | 2 |
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| AUK (ASX) Chart |