sorry to downramp, but as expected its support at 2.8c is failing/gone.
strongly suggest people sell now before it drops 30%+
buy back at around 2c or lower.
I'm biased of course, but this is my strong opinion atm.
I highly doubt there will be any supporting news that will come out to save the sp in the next few months.
Like last time, you can expect the cap raising to finish under subscribed...
and just look what happened to the sp after that time too... if you can find the ann on their website of undersubscription. I think they've tried to conceal it...
supp broke now sell
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |