I agree that it is cheap at current prices, but the bounce is probably more to do with the seller having finished.
Recent cap raise at 3 cents and subsequent drop in share price caused many to bail. From memory the latest research note had a target price of 7 cents, so that is nearly 4 bags from these levels. I bought more at 2 cents for the SMSF and now just wait.
I agree that it is cheap at current prices, but the bounce is...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $34.31M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $37.72K | 2.414M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2812544 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 143828 | 2 |
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| Last trade - 15.32pm 18/11/2024 (20 minute delay) ? |
| SRZ (ASX) Chart |
