Some good trading for some people today.
The way up is never a straight line. The old saw tooth pattern again.
BUT... I think it's worth keeping in mind what we have here. Huge $1+ potential.
It's easy to think "wow 2.3c - that's a lot". But whilst it is higher than it was, the true value here should be 10c at least. Even then they would be cheaper than their peers, with two funded phase 2 trials, and so much potential.
At the moment it's a bit like buying $10 notes for $1.90. Sure somebody might have made a good profit today, buying for $1.90 and selling it for $2.20. But it's still a ten dollar note that they have sold for $2.20.
The value will come. It normally does.
Buy & hold.
Some good trading for some people today.The way up is never a...
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Last
$17.01 |
Change
-1.640(8.79%) |
Mkt cap ! $2.174B | |||
| Open | High | Low | Value | Volume |
| $18.15 | $18.18 | $16.87 | $19.94M | 1.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5090 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.10 | 995 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |