The SP closed 30% up for week ended 23 May on a total volume of 14.7 million shares (23 May accounted for 9.4m shares and 18% up on previous session on 22 May)
The SP rise continues this week rising another 31% Monday thru Wednesday although the latest rise on Wednesday has moderated to only 3% compared to Tuesday's close. The volume transacted remains high on average totalling 29.7m shares for the 3 sessions (3 times more than the whole week last).
Price rise on a rising volume is a BULLISH signal. The logical reason for this trend is the impending announcements which are expected by the market to be positive for the Company.
Wednesday TNG appears to suffer a little hiccup but the SP still managed a new closing high. I have a good feeling that the SP will continue to trend upwards as the TH for the announcement is imminently close.
What happens to the SP after the TH/announcement will depend largely on the substance of the announcement. We may perhaps meet the adult TNG and not teen TNG sooner than we think or hope for
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.10M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.0¢ | $127.5K | 2.473M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7999 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 482679 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 204788 | 0.050 |
2 | 212000 | 0.049 |
4 | 520000 | 0.048 |
1 | 250000 | 0.047 |
2 | 46000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 482679 | 1 |
0.055 | 55000 | 1 |
0.060 | 63000 | 2 |
0.061 | 58237 | 1 |
0.062 | 213000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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TVN (ASX) Chart |