I cant say im not disappointed with the meager SP changes today based on the great news. So I took the opportunity to review the price charts after the MOU was announced.
Much like last week before the MOU was announced there was some upward pressure in the days leading into the announcement. Nothing major because QHL seems to have a great ability to prevent leaks.
On the day of the announcement the SP jumped from .38 to an intraday high of .61, but then closed at .485. Exactly the same pattern is happening today.
I took over a week for it to hit the .72 highs. Much like many have been saying I think this one needs a bit a time for the brokers to look into it. If nothing else they will appreciate the fact that this is undervalued and start putting their money into the pot.
I cant say im not disappointed with the meager SP changes today...
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Last
25.5¢ |
Change
0.013(5.15%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 27.5¢ | 23.0¢ | $136.1K | 536.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.58pm 12/07/2024 (20 minute delay) ? |
| QHL (ASX) Chart |