I reckon they will wait closer to the expiry date to release some announcements. If they can get some incremental growth over the next few weeks towards the 4 cent mark, then hopefully some good announcements will push the price above 5 cents and create some positive momentum. If they release something too soon, it may see a spike in share price, but then those that got burnt recently from the price drop may take the opportunity to sell out, causing the price to fall again.
I reckon they will wait closer to the expiry date to release...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $18.93M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.5¢ | $25.32K | 127.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 54545 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 81434 | 2 |
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| MGT (ASX) Chart |