Whatever the low will be, I expect a reasonable looking ~6.5-7c about a minute before open.
Then the panic sets in and the stock will open around 5c by a huge sell-down (predicting 5 minutes long), to which it will bounce really hard and make sick gains for anyone who bought in at the low.
I notice in these kinds of falling knife stocks the bounce happens at usually one of three times after open:
5/15/45 min. Don't ask why, I don't know. It's just my observation as an avid and big fan of knife catching on the ASX. Judging by the massive emotions flowing on the forum, we should see a huge panic sell.
The end of day share price? Well what's the resource worth.. $25M market cap?
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