Hi Ray,
I hesitate to add to this endless thread but I want to attempt an answer which I think is close to right.
The price action is amazingly narrow, especially in this volatile market. No one wants to sell and the buyers are carefully picking up parcels and perhaps watching for a breakout, especially past 23.5c. Its GOT to go one way or another soon. So will it be up or down?
I struggle to find much reason for it to go down. I think that Dendreon's woes and the market falls got the price to where it is now. Moving foward there's much more upside in those factors than downside imho. And Negative news from left feild is unlikely (it's not like we have drilling results etc). BUT there's huge upside with NASDAQ, marketting in Dubai, Approval in Australia, etc etc. I think the upside potential combined with the support from that steady stream of good announcements will have us climbing nicely soon...
The boringness will end!
Hi Ray,I hesitate to add to this endless thread but I want to...
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Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $464.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.3¢ | 30.0¢ | $1.040M | 3.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 42705 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |