WC8 4.46% 53.5¢ wildcat resources limited

like you todays trading has me stumped. When the announcement...

  1. 61 Posts.
    lightbulb Created with Sketch. 4
    like you todays trading has me stumped. When the announcement came I was convinced we'd open in the 90's and push to $1.

    not just the movement in price, but the fact that all through the day, and now after the close, there are a lot more sellers than buyers - roughly double give or take - both in number and in volume. this simply doesn't make sense to me, particularly given what appears to have been a very positive announcement.

    even if it's "accumulation".... surely that it would be reflected in buying volume well exceeding selling volume.

    I'm a relative novice at this gig so happy to be enlightened....
 
watchlist Created with Sketch. Add WC8 (ASX) to my watchlist
(20min delay)
Last
53.5¢
Change
-0.025(4.46%)
Mkt cap ! $645.5M
Open High Low Value Volume
55.5¢ 56.0¢ 53.5¢ $1.894M 3.453M

Buyers (Bids)

No. Vol. Price($)
7 67092 53.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 29546 1
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
54.0¢
  Change
-0.025 ( 4.39 %)
Open High Low Volume
55.0¢ 56.0¢ 54.0¢ 820853
Last updated 15.59pm 16/05/2024 ?
WC8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.