I like the way the buyers keep stepping in. Looks like quality buying and it looks like they want more. Sellers are stale holders from the previous life of the company. Once these stale holders are out, the stock will have it's own life and evolve as a business. The next quarterly probably will tell us if the momentum can continue.
My take is that it's onwards and upwards as this company is profitable. Just analyse the announcements and you will see that the base for the company is already in place.
The chart tells a similar story. Therefore both fundamental and technical analysis tells us that this stock has more to go. Can we see $0.50 plus one day?
I like the way the buyers keep stepping in. Looks like quality...
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Last
2.2¢ |
Change
0.002(10.0%) |
Mkt cap ! $12.49M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.2¢ | 2.0¢ | $36.83K | 1.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1662472 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 211200 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |