I still think the BOC market is too illiquid for shorting silverphil.
When BOC spiked to $1 the other day stale bulls saw it and offered to sell in the 90s on the following day. This created some selling pressure and the price retreated (luckily for you, and as I predicted) to 78c. A lot of those stale bulls are out of the way now and there is little BOC on offer. The price given its risk/reward ratio is still very low imo and so I reckon buyers will be happy to pay up to $1 again - except this time I do not think it will fall back again but will just power on as more people become aware of the Buka meeting.
120000 shares in 2 mins, page-11
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Last
45.5¢ |
Change
0.015(3.41%) |
Mkt cap ! $182.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 48.0¢ | 44.0¢ | $7.232K | 15.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8888 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 4839 | 2 |
View Market Depth
| Last trade - 14.08pm 08/11/2024 (20 minute delay) ? |
| BOC (ASX) Chart |