From a technical point of view, I expect a re-test of 30 cents today, we could perhaps even see an intraday low of 29.5 cents, and if we bounce off that, then another point to the recovery. Remember, at this stage the market participant are very emotional and can go from "greed to despair" in minutes.
As some post have said, cash at bank, cash from continued project, and technical skills (goodwill), and hopefuly a better management to prevent another "roller coaster" move (which reminds me of being in a casino betting heads or tail!). What we need is a consistent approach by management.
By the way the stock move, it almost mirrored my stock market portfolio during boom time, I load on to risky stocks only to be taken out then rebuild my portfolio again. Macmahon Management should know.."Lightning should never strike twice!" That is why we lost our CEO. I reailly hope we can get a top new blood notch management who has a steadier hand and get us out of this. Fund manager will not touch shares that shows a "casino royale" movement.
superox
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From a technical point of view, I expect a re-test of 30 cents...
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Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $614.1M |
Open | High | Low | Value | Volume |
28.0¢ | 29.0¢ | 28.0¢ | $509.9K | 1.798M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 358713 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 568361 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 358713 | 0.285 |
3 | 75940 | 0.280 |
2 | 71397 | 0.275 |
6 | 270288 | 0.270 |
2 | 88173 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 568361 | 13 |
0.295 | 612358 | 11 |
0.300 | 1397558 | 18 |
0.305 | 598960 | 4 |
0.310 | 655301 | 6 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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