It's an interesting time for M7T in respect of the chart. 537,000 shorts on Jan 5th but you'd think there would have been substantial short covering after that date. Previous resistance at 70 cents looks like it has been broken through so with confidence I'd say a baseline support at 70 cents has been set. The commentary from management is interesting. They have stated they are " well progressed in discussions with several large healthcare firms". Management have never given commentary like this before. They are clearly very confident of signing new deals otherwise they would not have announced such a positive statement. Inch wide, mile deep, two shares M7T and FID.
M7T Chart
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Last
60.0¢ |
Change
0.005(0.84%) |
Mkt cap ! $142.3M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 60.5¢ | 57.5¢ | $695.0K | 1.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29477 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 149480 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| M7T (ASX) Chart |