Whilst disappointing, share price movement is not necessarily unexpected
....There's been a capital raising
....News has dried up
....Only part information has been provided (with what news has been given)
....SNE1 has only just recommenced and there is nothing firm on it
....Still lots of people sitting on 4c shares who are now probably getting a bit bored (and thinking so let's sell out!)
....As selling pressure mounts and shareprice starts to dip a bit, the more nervous holders will react and sell
....Overall at the moment it's a bit of a (non-positive) vacuum.
Long term the picture and ducks are still lining up extremely positively - and apart from sentiment, nothing negative has occured from a week ago. So essentially, if instant gratification is the need, some will be looking to get out whilst we are in this vacuum, but if you believe the story you will remain and / or buy more.
No doubt where I am...hard and fast sitting, and expecting to sell into a takeover at some point.
dodds
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
48.5¢ | 49.5¢ | 48.5¢ | $100.5K | 203.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90297 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 3676 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 90297 | 0.495 |
3 | 79755 | 0.485 |
4 | 89930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 3676 | 2 |
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
Last trade - 12.36pm 29/07/2024 (20 minute delay) ? |
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