I think in general you and I are on the same page - management is doing the right things at the moment. But on this point we differ: However far I zoom out, this recent drop is very significant. I can’t see how you could describe a >50% drop as not significant.
I think that what’s going to turn it round is two things. Firstly a change in global sentiment that sees money coming back into the share market. And secondly, getting dropped from the ASX200, which will mean market manipulators will start to drive the price higher again instead of lower. Both of those are going to happen at about the same time, so I won’t be able to tell what the real cause is. But I fully expect that once we’re out of the ASX200, we’ll see the price go to well above $3.00.
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Change
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Mkt cap ! $1.442B |
Open | High | Low | Value | Volume |
$2.03 | $2.09 | $2.03 | $1.476M | 710.6K |
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4 | 18117 | 2.070 |
3 | 8103 | 2.060 |
4 | 8347 | 2.050 |
1 | 2769 | 2.040 |
Price($) | Vol. | No. |
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2.090 | 135016 | 10 |
2.100 | 11122 | 7 |
2.110 | 8049 | 2 |
2.120 | 11049 | 3 |
2.130 | 12715 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Change
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