IMO
If you go back and have a look at history this happened before and when the SP went down over the course of a month, trading then went into a hault. Turns out investors came in with 6 million to supply enough powder for a year. The payment was paid at the value of the share price at the time for the investor to keep the value in shares.
This all seems all to similar to what happened before. Most of us admitted the market cap was fairly high for a company without revenue. According to the recent announcement revenue will start coming in so that would be a logical time for bigger investors to come in. With lower volume lately it's all to easy for them to munipilate and get the price they want. The SP only goes down if people keep selling.
This technology won't be left in a factory to do nothing and so far management and the CSIRO have been good to their word.
Nothing to do with the chart but typical big players doing what they do best.
I'm holding tight! Good luck and happy trading.
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Last
20.5¢ |
Change
-0.015(6.82%) |
Mkt cap ! $128.9M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 20.0¢ | $185.7K | 909.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 314653 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 135309 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 23788 | 2.110 |
2 | 9753 | 2.100 |
2 | 8480 | 2.050 |
1 | 995 | 2.040 |
2 | 5500 | 2.020 |
Price($) | Vol. | No. |
---|---|---|
2.130 | 13851 | 1 |
2.140 | 10000 | 1 |
2.150 | 15400 | 4 |
2.160 | 10941 | 3 |
2.170 | 200 | 1 |
Last trade - 12.27pm 04/12/2024 (20 minute delay) ? |
TTT (ASX) Chart |