The report was favourable, however, the share price has been in a downward trend moving from .04 cents to .02 cents in less than a month - a significant drop. It is likely to hover around the .02cent range until the pro rata non-renounceable entitlement issue @.02 cents is completed on the 16 August. I've been waiting to purchase some of this stock as I see real upside potential, however, I'll wait until early next week to see whether there's any more downside to try and buy at a bargain. .02 cents looks an attractive proposition, but like any investr, I'm greedily awaiting any further downside, altough as we all know endeavouring to time the market is a fluke, so I'll probably just plunge in based on the fundamentals and not worry about the absolute entry price. I aimed to purchase at .024 so I've already ensured I'll be able to purchase more for my dollar. I feel holders will be rewarded in time, and >.04 shouldn't be far away again.
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.142M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.2¢ | $8 | 244 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 110000 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 56764 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 110000 | 0.032 |
1 | 32723 | 0.030 |
1 | 107175 | 0.028 |
1 | 40000 | 0.025 |
1 | 50049 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 56764 | 2 |
0.038 | 48339 | 1 |
0.040 | 100000 | 1 |
0.042 | 100000 | 1 |
0.045 | 93122 | 1 |
Last trade - 10.02am 09/08/2024 (20 minute delay) ? |
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CMO (ASX) Chart |