I do like arguments from both camps but for me this one doesn't really stack up for the following reasons:
disagree that its been in a downward trajectory for the last 3 years, that comment is a little misleading.
had a downward channel up until 12 months ago then been range trading between 30-40 since then. with most volume being down here. (call it base forming or what you like) tried its absolute hardest to get below 30 but always springing back up.
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this article was released before last webinar so I think its also missing a few key points,
mentions of capital raisings are valid if looking at the downward channel and the sentiment that caused it but we've been promised no more. without a good reason to mistrust wayne I see that promise as solid until proven otherwise.
cheers.
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$9.99 |
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-0.910(8.35%) |
Mkt cap ! $211.1M |
Open | High | Low | Value | Volume |
$10.50 | $10.79 | $9.30 | $1.477M | 149.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $9.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.99 | 1999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60 | 9.600 |
1 | 1050 | 9.500 |
1 | 1050 | 9.400 |
2 | 1060 | 9.350 |
2 | 585 | 9.300 |
Price($) | Vol. | No. |
---|---|---|
10.000 | 493 | 1 |
10.300 | 1000 | 1 |
10.450 | 357 | 1 |
10.900 | 1500 | 1 |
11.000 | 13000 | 2 |
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