Unlikely, looks like it is either pushed down deliberately or just by fear and disappointment based on too high expectations plus of course, fear of another cap raising which at this stage shouldn't be needed.
The rate of decline is higher than during the last SPP, strange as there are no fundamentally reasons apart of some didn't get rich in a blink of an eye.
Put an order in at 7.1c for a trade. Worst case, it sinks even further which suits me too.
Anyway, charts can't beat holders' agendas, when there is a sell off those being scared sell first and think later.
GLTA
IMUGENE CHART. TA only, page-31632
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 (20min delay)
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Last
6.2¢ |
Change
0.002(2.50%) |
Mkt cap ! $446.5M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.3¢ | 5.8¢ | $1.542M | 25.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 864180 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.2¢ | 571061 | 18 |
View Market Depth
| Last trade - 15.02pm 05/06/2024 (20 minute delay) ? |
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Last
6.2¢ |
Change
0.002 ( 4.38 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.2¢ | 5.8¢ | 9681030 | ||
| Last updated 15.14pm 05/06/2024 ? | |||||
| IMU (ASX) Chart |