Triangle formation is already there. Upside breakout is highly probable unless macro drags the market.
Once the shares hits a certain level, we will see a floodgate of traders.
You can normalize WACC and still run financial model with discount and still get very high relative valuation.
This stock is a pure anomaly.
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Last
17.8¢ |
Change
0.003(1.43%) |
Mkt cap ! $273.1M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.5¢ | $13.84K | 78.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1258805 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 869625 | 46 |
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| Last trade - 13.03pm 05/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |