My opinion is that without any news short term, it will fall back and fill the gap at 26c, and then resume it's upward trajectory towards news coming mid-Sept.
If news comes early, or local chatter grows too strong, then different story. There's definite interest that's for sure. Just not sure if there's enough interest from the whole market just yet. So it could result in sell off's, with those in the know grabbing more. When the whole market becomes interested, strap yourself in.
WC8 Charting, page-46
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Last
55.5¢ |
Change
0.020(3.74%) |
Mkt cap ! $669.6M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 56.3¢ | 53.5¢ | $1.349M | 2.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6700 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 45596 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
55.0¢ |
Change
0.020 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| 54.0¢ | 56.0¢ | 53.0¢ | 978339 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| WC8 (ASX) Chart |