I think it has had a good run however rises like these aren't sustainable and there will be a point for a correction/ pullback whether its 23c or maybe at 25c. IMO.
The chart shows a steep hockey stick so consolidation and profit sell offs likely. IMO
The same happened with BRN and it came down to a stable level after huge gains, both companies are very alike as both are yet to see material profits whilst being pioneers in their vision and potential in the market. Nothing goes up in a straight line. I'm cautiously optimistic.
Market cap, page-485
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $7.574M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.7¢ | $20.36K | 2.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7121764 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 378003 | 3 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| DOU (ASX) Chart |