5GN 3.23% 15.0¢ 5g networks limited.

I calculated the average share price for the last 6 months, it...

  1. 356 Posts.
    I calculated the average share price for the last 6 months, it comes out at $1.47 vs $1.425 now. Oil averaged $68 but is now $80. From that one could theorise that Canning is not even factored into the current share price. But we know that would be naive, it will fall for sure.

    The low over the last six months has been $1.29, and it has come close to this a few times, but during market corrections. My guess is it could hit an intra-day around the low around $1.10 -$1.20 due to panic selling but close around $1.30, existing reserves are worth at least this and it's not without other growth prospects. If that holds true, the downside is fairly limited because the market is not anticipating a commercial Canning strike, I hope we prove 'em wrong!




 
watchlist Created with Sketch. Add 5GN (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
-0.005(3.23%)
Mkt cap ! $50.5M
Open High Low Value Volume
14.5¢ 15.3¢ 14.0¢ $2.910M 19.44M

Buyers (Bids)

No. Vol. Price($)
2 239951 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 572545 10
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
5GN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.