I would be surprised if we go below $1.00 - perhaps a severe stock market rout we could but good news is surely on the horizon and 2022 is after all going to be the year of this company cracking the market. Sellers would want to think twice about even giving their stock away at $1.13!
Just look at BRN, very quiet, no interest, 38c then all of a sudden off it goes. Something similar could happen when US contracts are signed as the doubt and worries disappear so instantly add 50% then if the contracts are large and revenue takes off add another 50%.
Won't take much to nudge us back to $2.
Timing the market 4dx, page-72
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Last
60.0¢ |
Change
-0.075(11.1%) |
Mkt cap ! $246.3M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 59.5¢ | $1.491M | 2.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31112 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 25454 | 2 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |