im sorry bu that has to be one of the incoorect posting i seen on hotcopper, especially from a moderator
It's always a trader induced P & D where vol. appears from nowhere, particlaurly where a micro penny has very little money in the bank.
- assuming the term "always" has got to be a very poor choice of words- since when can one be 100% correct to assume its always and i reiterate always a trader assumed p and d based on the fact that there is huge volume from nowhere coupled with the fact that $$ is running low -
obviously, that could be the case and is alot of the times on micropenny stocks as mentioned when volume appears from nowhere, with a very low cash at bank figure approaching, but its also mostly with no announcements or no significant developed that are able to warrant the huge spie in volume. You could hardly play icg in this category as the volume came on the back of a huge announcement which has caught the eyes of investors/traders alike-
Unlike other micro penny stocks that just rise on the back of huge volume with no developments- icg have obviously substantiated the reason for the substantial volume and price increase by proving that they could well be on the motherlode of porphy deposits with essays pending and much much more drilling to follow - clearly a poor choice of wording to assume icg with these other micro caps mentioned as its clearly not "always" the case -
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.863M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1470552 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1041940 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1470552 | 0.005 |
10 | 10231544 | 0.004 |
9 | 3776780 | 0.003 |
3 | 3199980 | 0.002 |
3 | 4799950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1041940 | 3 |
0.007 | 1200600 | 4 |
0.008 | 2451700 | 6 |
0.009 | 1033282 | 3 |
0.010 | 1000000 | 2 |
Last trade - 16.12pm 17/09/2024 (20 minute delay) ? |
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ICG (ASX) Chart |
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