It's obvious if you've been involved with this stock as long as I have ... not an insider, was a large shareholder but disappointed around financing last time around so waiting this one out until financing confirmed (it's taking a long time isn't it) . I think I know why it's taking so long.
But as far as TA ... they're playing with the PR strategically and I think ME is following the sp charts accordingly.
We got the photo of the machinery in a warehouse associated with a nothing announcement ... it wasn't price sensitive. AND we got a ME Tweet right on cue.
It didn't rally on that and the ASX is generally sell the news ... so the odds for a decline have increased.
Which increases the odds of finance news as they won't want the sp to recoil too far.
WKT - Chart, page-1335
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.12M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.9¢ | $2.339K | 23.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30257 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 5581 | 1 |
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| Last trade - 15.14pm 09/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |