The drift continues, that's fer sure. Perhaps the heady volumes we saw Aug/Sep'18 we more to do around getting an exit out of the HZRO's, so IMO it was quite likely some of that volume was churn.
And as a few here have said, $15m for a demo plant is a lot more difficult from a Mkt Cap of sub $25m than it might've been from a SP of say $0.60 (MC $60m).
Most we can raise from here is sub $7m, without back to back either side of the end of FY.
That said, TA is ripe now, with the RSI clearly oversold (28.9), the more excitable Stochs ripe for the picking, and just creeping below the bottom bolly band.
As we can see here, a low RSI has worked well here in the past for a rebound, with the one exception.
Generally not sold on the strategies here, but they have shown recent support @ $0.30 ($0.25 + $0.05), so i suppose they are seeing around that number as value.
And surely we are close to an update on how the FBR pilot is going at its' new home in Kwinana? I'm thinking a month or so's worth of testing results should be available about now, to be gift wrapped in glittery paper and presented to us, the humbled and threadbare shareholders.
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The drift continues, that's fer sure. Perhaps the heady volumes...
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.58M |
Open | High | Low | Value | Volume |
38.0¢ | 38.5¢ | 38.0¢ | $16.46K | 43.15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 138228 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 13760 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 134965 | 0.305 |
4 | 7842 | 0.300 |
1 | 166 | 0.295 |
3 | 24523 | 0.290 |
2 | 31041 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 1600 | 1 |
0.320 | 78620 | 2 |
0.325 | 20047 | 3 |
0.330 | 7001 | 4 |
0.335 | 300 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
HZR (ASX) Chart |