Whereas to some extent I agree with your sentiment on mgt. wanting to keep their noses in the trough, I believe there is intrinsic value here, whether I'm proven right will be a longer term thing. I initially bought at 18c sold a parcel in the late 70's and the balance in the late 40's. That was owing to an article I read about mgt. selling large parcels of shares but then that's what they do to enrich themselves.
In my humble opinion tech stocks without revenue are difficult to assess using charts, rather the underlying 'moonshot' technology moves the SP.
I agree the correction in the markets has a way to go and as you say the S&P at mid 3000 levels will be the bottom is the opinion of several analysts, so let's see. Unfortunately I jumped in yesterday and settled with a small loss by the close, now its time to keep a close eye
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $1.233M | 7.023M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 1279811 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 1408579 | 46 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 1279811 | 0.170 |
57 | 1293813 | 0.165 |
69 | 1523221 | 0.160 |
22 | 1077881 | 0.155 |
76 | 2036950 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 1408579 | 46 |
0.185 | 775953 | 19 |
0.190 | 1266529 | 24 |
0.195 | 873211 | 13 |
0.200 | 1058417 | 38 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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