Does anyone here believe a move below the previous all time lows of $4.62 is possible?
Todays price action certainly looks ultra bearish, but will the previous lows hold this time around?
Is this a continuation of the big picture down trend that will inevitably result in new lows?
I think it is the more likely that we'll see new lows, than a double bottom.
A move towards support at $4.00 will give me a great opportunity to enter the long term calls i've being eying at a steal of a price.
I hope it tanks!
... and its current PE of 16x, combined with regulatory risk mean that the chances are very high that new lows will be visited soon.
TLS- how far will it sink? $4.00 a possibility
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Last
$3.59 |
Change
-0.015(0.42%) |
Mkt cap ! $41.36B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.60 | $3.57 | $48.28M | 13.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 167 | 719538 | $3.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.59 | 644575 | 124 |
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| Last trade - 15.34pm 19/06/2024 (20 minute delay) ? |
| TLS (ASX) Chart |