Yes I do know there was a CR at 11c. However, that shouldn't automatically cause the SP to decline. It is the news or more pertinently the "leaks" that move this stock during the exploration phase. Analysing the TA of the SP tells us that it is taking the path of least resistance - selling sentiment. I would think dropping 30 % since the 20th October after CR with no burying support constitutes selling pressure. The CR itself was not large as it was only 18 % so it should not demand such a decline, especially if the"leaks" were positive. We saw this with FAN 1 where the buyer was desperate. As i said, I hope i have misread this one as this forum has been an exciting one.
Trading Halt on SEN-1, page-162
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
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| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |