I think the post headline is in relation to the launch announcement due this month and the expected price target by the OP.
There was some steady buying all day, so even at these levels there is interest, but unless some more news comes then this is likely to die away, before taking off again on the launch news. A retracement would be quite healthy and would let people get a top up at a nice price. 2.3-2.4 cents looks a possible area showing prior resistance, that could act as support.
In my mind 5 cents doesn't seem an outrageous target and it could do much better with the right exposure.
I think the post headline is in relation to the launch...
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0.8¢ |
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Mkt cap ! $9.204M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $2.914K | 414.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2192034 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5850448 | 10 |
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