I would hazard a guess approx. 2o million shares with new owners some of which are just looking for a bounce ... while the bulk are getting tucked away. Once the bounce traders have moved on from the quick buck idea the liquidity will dry up at these levels and it will have to be chased higher to get stock vol. Original holders would have mostly finished up by now and liquidity is being provided by traders flipping around while long term positions wait patiently to accumulate their (the traders)stock once they are sick of playing with it.
Another couple of days to sort itself but certainly imo it wont stay at these levels beyond 4 or 5 sessions.
Reality, page-58
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Last
83.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $143.8M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 81.0¢ | $2.446K | 2.954K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28078 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 24679 | 5 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |