The price was pushed up on expectations of an announcement about commercial sales. It seems that many were expecting such an announcement to be made in September - as the month comes to an end with nothing announced, people are starting to get skeptical and withdrawing their money.
I think this will drift down towards 45c until they make an armour/helmet sale. I anticipate this will hit $1 if the deal is for more than $2M.
pushing price down, page-2
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $16.42M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $2.254K | 14.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5623 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 27569 | 2 |
View Market Depth
| Last trade - 10.59am 10/05/2024 (20 minute delay) ? |
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Last
16.0¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 16.0¢ | 16.0¢ | 16.0¢ | 20974 | ||
| Last updated 11.10am 10/05/2024 ? | |||||
| HCL (ASX) Chart |