the reason it is going up is purely trader interest. there are no fundamentals to back this that i can figure out (still happy to make money of it though :))... so i am not commenting on the trade, just the nature of interest in the stock.
if you divide the total value traded yesterday by total number of trades - you get an average trade value of just about $3,500 per trade. this doesn't give me much confidence that the big end of town even cares about this stock.
sobering stuff, page-5
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 (20min delay)
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.050M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 483357 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 104372 | 2 |
View Market Depth
| Last trade - 10.37am 09/10/2024 (20 minute delay) ? |
| HYD (ASX) Chart |
Day chart unavailable