IMO, this is a classic retrace to the breakout point of 7.5 on low volume, and all looking like a really healthy chart set up. Quite rightly traders taking some profits off the table.
Not selling a share because the risk of a trading halt coming along with big news is far too high to justify sitting on the sidelines. The players behind this company are not mucking about. All the language used really suggests to me the pointy end in proving up the fab process is not far away with timelines being quicker than expected - always good to under promise and over deliver.
The billion dollar question is who in the chip space will show interest, and at what price. I am making an assumption that discussions have been ongoing for months to line up some ducks, and an announcement really could come out when its least expected.
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Last
8.4¢ |
Change
0.003(3.70%) |
Mkt cap ! $123.4M |
Open | High | Low | Value | Volume |
8.2¢ | 8.4¢ | 8.1¢ | $47.07K | 570.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 490346 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 181523 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13000 | 0.071 |
1 | 10000 | 0.070 |
1 | 14463 | 0.069 |
7 | 444250 | 0.068 |
6 | 124792 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 297895 | 4 |
0.075 | 95617 | 2 |
0.076 | 56520 | 2 |
0.077 | 80000 | 1 |
0.078 | 22000 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
4DS (ASX) Chart |