@Mozzarc
i wouldn’t worry too much about the gaps as FA always trumps TA
When there is no specific news for a while, the TA tends to follow the rules.
Sometimes it can take weeks, months or even years for some gaps to fill. Then there are the gaps which don’t fill, they’re called “breakaway gaps”
Id bet plenty OPT’s gap is a breakaway gap.
What many fail to understand / or acknowledge is that both PAR & OPT were of similar mkt caps before their P2B results. The only difference between the 2 was the way management handled the release.
PAR - chose to do a ridiculously large CR
OPT - didn’t raise & let the ball roll
Irony now is that OPT can raise the 80-100m PAR did but it wouldn’t be anywhere near as dilutionary.
The last 3-6 mths since PARs CR has seen the register tighten as the flippers leave the party.
IMO the mkt caps of the 2 companies will start to converge now which means there is c. 100% upside in PAR from current levels.
PAR has plenty of FA fuel in the tank & it is only now (finally) beginning to wind up...
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@Mozzarci wouldn’t worry too much about the gaps as FA always...
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $70.04M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 20.5¢ | $789 | 3.848K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 238985 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 38483 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 210602 | 0.200 |
13 | 287855 | 0.195 |
17 | 348444 | 0.190 |
10 | 210997 | 0.185 |
14 | 391472 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 28868 | 4 |
0.210 | 98448 | 4 |
0.215 | 106297 | 6 |
0.220 | 31136 | 3 |
0.225 | 281452 | 5 |
Last trade - 10.06am 16/10/2024 (20 minute delay) ? |
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