Going to be interesting that's for sure.
We will have the profit takers who "will never go broke taking a profit"; we will have those sellers who bought in at higher prices and, after a long wait will seize upon the chance to get their money back ...... BUT ......
Given recent developments and the pending massive US exposure and the potential of this company, sellers will see their shares absorbed by the FOMO syndrome (Fear Of Missing Out). This will be the s / p driver in the immediate short term as US exposure and its ramifications pushes the stock through key resistance levels. It won't happen in one fell swoop but by the start of the new FY current holders will, in my view be sitting pretty.
next week, page-45
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2506 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 8079 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |