100% correct if the company is able to secure meaningful revenue contracts the share price will rally. with few shares on issue it won't take much and as per above the support at 30 is very strong.
The chart is setup for a breakout after we were teased with a breakout a few months back the trading range has compressed now. A break of 33.5 will do it.
Runway, page-3
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Last
42.5¢ |
Change
-0.015(3.41%) |
Mkt cap ! $64.29M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 42.5¢ | $4.744K | 11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14999 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 1700 | 1 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| ELS (ASX) Chart |