Looks like some profit taking took place today on low volumes from the run over the last two weeks.
IMO there will be support at 85 cents as the sp re groups and takes another crack at $1.00
It could then test $1.20 and then $1.40. There is strong resistance at $1.40 but a break above $1.40 could see it test higher levels approaching $2.00 (My opinion is based on analysis of support and resistance lines over the last 2 yr chart.)
This combined with news about funding, particularly if it is debt rather then a share issue, could IMO see the sp move up.
It was on its way until speeding ticket last week but ticket did say that funding was being sought.
Looks like some profit taking took place today on low volumes...
Add POS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $14.85M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $18.29K | 3.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 42537471 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11954953 | 22 |
View Market Depth
| Last trade - 15.27pm 05/07/2024 (20 minute delay) ? |
| POS (ASX) Chart |