I would honestly say that sub 2c is highly unlikely imo - when the US markets wobbled a few times recently the lowest the SP was willing to go was .019 and that was brief - snapped back quickly into the range both times -
IF anything will scare folks into selling it is big drops in the overall markets -
A lot would have been shaken out - but the SP has held -
As for a consolidation - meh I don't think that it is necessary - I still maintain this has been accumulated - the traders come in when the price spikes and get shaken out - and absorbed -
At some point consolidation may happen but it is not a necessity - the price can go up in spite of the SOI - we have already experienced that -
Currently we are waiting for results on the trials that are currently happening -
The volume has dropped right off and the range has narrowed -
The monthly chart shows that we are sitting on support - which is not unusual- waiting on a catalyst to move - probably a good spot to buy- or even see if there is another test of this support - which has been tested several times - just my thoughts - re the chart -
I would have a different mindset if the company needed funds - it doesn't - given the recent raise to aggressively collect all the best Professors and relevant therapies under our roof - all is in line with potential rise from here - imo -
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $386.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 222 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 647 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 5665336 | 0.018 |
14 | 3997559 | 0.017 |
6 | 2974375 | 0.016 |
10 | 3219799 | 0.015 |
4 | 497500 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 400000 | 2 |
0.020 | 5410946 | 12 |
0.021 | 8494780 | 17 |
0.022 | 8757253 | 13 |
0.023 | 4826614 | 8 |
Last trade - 10.00am 03/12/2024 (20 minute delay) ? |
IMU (ASX) Chart |