It would appear that the bottom is near. Even some long term holders are suggesting mid to high 20's could be excellent buying.
The stock has gone down 47% since the high of 61. You can appreciate some people waiting for the bottom.
The stock closed at 31.5 on the first trading day this year. Standing at 32 currently and it may go into a yearly deficit shortly.
An announcement is needed to hold the stock at current position as options are certainly going to be in play now for the rest of the year.
Some have already stated that they will sell on positive news which will put pressure on the sp.
Long term holders have nothing to fear as their position is a marathon distance.
Those running the shorter distance can afford to be skeptical.
Best of luck to holders next week.
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Last
4.0¢ |
Change
0.004(11.1%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
3.6¢ | 4.0¢ | 3.6¢ | $2.679K | 67.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 56526 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 320546 | 0.035 |
1 | 85000 | 0.034 |
1 | 210000 | 0.033 |
1 | 10000 | 0.032 |
1 | 50000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 56526 | 1 |
0.046 | 150000 | 1 |
0.053 | 100000 | 1 |
0.055 | 30000 | 1 |
0.062 | 120000 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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