Today was a very intriguing day of trading.
Literally ever down move was met with buyers.
The shorts tried many times are met with the "Jayne put"
To me, after Jaynes comments on China and forward guidance, my guess is this type of trading will continue until we're in the 15s before any retest.
Other than shorts, I can't think of a single reason not to buy on any weaknesses,
Fairly good vol is inspiring
Just my view, not promoting, just think Jayne has positioned the company perfectly
Catalyst for 15
New China ceo( if high profle)
More details about Fontera relationship
More new product detail
More US detail
Only downside is when Jayne sells although it's been well disclosed, algorithms will sell the stock and in my view is the next great buying opportunity
Xjo down over 1 percent btw. Hit high of day 3minutes before 4
just my humble opinion
Chart Update, page-4701
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Last
$5.45 |
Change
0.640(13.3%) |
Mkt cap ! $3.808B | |||
| Open | High | Low | Value | Volume |
| $5.59 | $5.72 | $5.38 | $59.39M | 10.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 50150 | $5.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 77730 | 4 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |
