My pick is we will have a very quick run back to 12c then we begin the insto wash ,, they will be getting impatient, 4 months and the SP never recovered to the strike price of 11c....
If we didint have a huge 139m share overhang waiting to get unloaded i would have said BOT would easily climb back to 16c/18c .
This Insto last time averaged 5m shares a day but since the SP eroded the volume is in the hundreds of thousands not millions..
Management really did devalue their own work, the IP, The Research, the entire company as the MC has now halved down from $120m to $60m??
The Last CR should haunt Management,,, you can imagine the phone calls from the Insto...
I've been lucky to average down but will load those up in the 10.5c to be out before the rinse begins....and the inst reaches for the sale button....
My pick is we will have a very quick run back to 12c then we...
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Last
35.5¢ |
Change
0.020(5.97%) |
Mkt cap ! $707.4M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 36.0¢ | 33.3¢ | $2.622M | 7.530M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106888 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 462320 | 5 |
View Market Depth
| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| BOT (ASX) Chart |
