Spoke to a second person regarding what the chart is saying, she said that after spending 16yrs charting she has never seen such a chart since its listing with such small volume. in her opinion she sees the same as another i asked, long term accumulation in an amazing long base.
Also had a chat about the company - whats it has been doing -what it has done and how it has stayed financed and a few other points, she was a bit taken back with the continual finance at huge premiums and considered it extremely bullish but also thought that because everything is going to what seems like people connected to the company it would be making it easy for anyone serious about accumulating to hold down the sp, her final opinion was it is so tight that the only thing to get the sp moving towards highs and volume will be news that grabs the attention of large investment organizations that decide to push the buy button.
So basically until we get the news that hits the right note we are trapped at these levels, unlike most other penny stocks that get played pumped dumped every six months.
Still think Assad Tannous is behind the accumulation, 5 trading days before the report is due If any observers are looking to punt on anything decent in revenue increase we should see a bit of interest soon.
Either way the day we get some regular/decent volume will be a big turning point just needs the announcement to make it happen
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $27.57M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $108.5K | 8.458M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 13577678 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 416666 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 13577678 | 0.012 |
13 | 17300210 | 0.011 |
7 | 8202012 | 0.010 |
8 | 5597422 | 0.009 |
12 | 4711871 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 416666 | 1 |
0.014 | 11547937 | 15 |
0.015 | 5015065 | 6 |
0.016 | 9445356 | 10 |
0.017 | 3163079 | 5 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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PIL (ASX) Chart |