Yes Simmo,
Agreed. Afer thinking about Fireblade's theory of a cap raising, I would disagree with that.
Why pump through so many trades at 1.20 when a cap raising can be done at 1.90 range after all RS results are out there? They have 8 mill in the bank so it is not panic stations.
They can afford release results first before diluting all shareholders at the lowest point especialy with the U sentiment turning up.
My guess is it is someone like RAB capital who must sell down as unit holders are exiting. This was proven when they dumped 4.5 mill shares on to KAH at $1.05.
I think it will stay at the 1.20 mark and not fall now.
It looks ready to have a real crack at 1.25 in the next few days IMO. Especially today's light volume and small candle. MACD, Stochastic, RSI and DMI/ADX all look ready.
Time will tell.
Yes Simmo,Agreed. Afer thinking about Fireblade's theory of a...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EXT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $13.08M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.6¢ | $75.60K | 9.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1075739 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1024534 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EXT (ASX) Chart |