Just my thoughts on the next few weeks.
Oppies expire next week, there will be a lot of investors looking for money to pay for conversion. There will also be a lot extra shares around and some will wish to cash out some of their holding. This will cause an increase in sellers for the next 2 or 3 weeks.
The company would be mad to release substantial news until these have flushed through the system as any news will be sold into.
With this in mind I think news will not be seen until early August. With the excess of sellers and lack of buyers I fully expect SP to retest it's recent 5.5 low perhaps even go as low as 5c flat.
Just my opinion but I can't see any reason for the slide to stop and plenty for it to continue.
I still believe we will hit 20-25c by Xmas on the great news to come and I also expect after those highs it will retrace to 12-15c.
- Forums
- ASX - By Stock
- XPE General Topics
Just my thoughts on the next few weeks. Oppies expire next week,...
-
-
- There are more pages in this discussion • 1,062 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OAK (ASX) to my watchlist
|
|||||
Last
8.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.566M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 182500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.069 |
1 | 100000 | 0.067 |
2 | 13100 | 0.063 |
1 | 80000 | 0.060 |
1 | 86000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 182500 | 1 |
0.088 | 104574 | 1 |
0.090 | 12089 | 1 |
0.095 | 1524 | 1 |
0.096 | 52424 | 1 |
Last trade - 16.12pm 21/06/2024 (20 minute delay) ? |
Featured News
OAK (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online