To be honest I am beginning to get worried with a mixture of this coronavirus spread and drop in SP with fair amount of volume. The markets are smashed at the moment. Lots of big investors will be looking to make a quick buck to survive such a bad economy. The drops to these levels have just created opportunity for heaps more big investors to accumulate before the consolidation. The lower the SP is now the lower it will be post consolidation and easier to control and manipulate. I fear a big pump and dump after consolidation will be in place and we could be limbo with SP progress for some time.
People obviously need money to sell at these low prices in such desperate times. I would not sell as all this accumulation may prompt a price spike for a better opportunity soon, but I think it is important to keep a close eye on this stock to consider performance after consolidation as it may be overtly controlled by sophisticated investors. Together with the coronavirus impact on market, we need to expect lots of volatility especially on spec stocks and consider the opportunity to sell out if it presents itself IMO.
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Last
39.5¢ |
Change
0.015(3.95%) |
Mkt cap ! $195.5M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 38.0¢ | $15.64K | 39.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 376 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 1463 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 764 | 0.390 |
3 | 2955 | 0.385 |
3 | 104158 | 0.380 |
3 | 10050 | 0.375 |
2 | 55000 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 1803 | 7 |
0.400 | 842 | 7 |
0.410 | 26473 | 2 |
0.415 | 5743 | 1 |
0.420 | 83465 | 4 |
Last trade - 11.10am 07/05/2024 (20 minute delay) ? |
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Last
39.5¢ |
  |
Change
0.015 ( 3.95 %) |
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Open | High | Low | Volume | ||
39.0¢ | 40.5¢ | 38.5¢ | 3267 | ||
Last updated 11.20am 07/05/2024 ? |
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