We can expect a flood of sells and the stock price to go down now. Especially if there is no announcement today and one of two of my predictions fails.
The share offering will flood the market tomorrow and people will be selling to make quick profits. Therefore there won't be enough buyers to support all the sells.
Then, hopefully the announcement comes out on the 04/09/2020 as my original post on this thread predicted.
Maybe even people will say it is a "double top" technical pattern at the moment, but I would suggest to hold anyway, because you never know when the announcement will come out.
The Final Countdown, page-431
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $21.80M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $33.09K | 1.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2083606 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1230250 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| BPH (ASX) Chart |