The problem is that the fully diluted mc is still over 25m now, but not 10m. Still too much space for the sp to drop if no real improvements on revenue in this qrt.
The selling today suggests that the revenue in this qrt is still bad. The next support is 0.8c ~ the price when Mathew Walker first joined and bought the shares.
Time to shine for IAM, page-15
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $11.92M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $9.754K | 464.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 235662 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 220000 | 1 |
View Market Depth
| Last trade - 14.46pm 16/08/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |