Three months ago it looked like we had a rock-solid support line at 19-20c
A month ago that looked to be set at 16-17c
Now it doesn't really have much support even at 13c - less than $50K worth of buy orders all up.
This company seems to have a great plan and great prospects. I'm not sure I understand why this has been so sold down given that they have no financial trouble (and recently paid off a big chunk of debt with the proceeds of the recent sale).
At what price will buyers step in - they came in in force when it recently dipped to 15c though have now deserted the ship even at a bargain like 13c.
Do they have liquidity worries? Are insiders selling out at whatever they can get? Any body have any more information?
Three months ago it looked like we had a rock-solid support line...
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Last
6.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.69M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17033 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 44635 | 1 |
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| Last trade - 16.12pm 27/08/2024 (20 minute delay) ? |
| AXI (ASX) Chart |
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