"Price gaps are always occurring. Whether they occur inter-day or intra-day, or within or between any other longer or shorter time period, is completely meaningless. If one worries you just choose a longer time frame. If you wish to create one choose shorter periods."
na - have to disagree on this ---------------- price gaps are important - on the daily chart.
TA'ers ALWAYS talk about gaps filling - yes, there is no logic and no there is no real reason - but, it becomes self fulfilling - AND IMO - management should be very aware of this and with announcements like today - which could or could not be put out - it's not a continuous disclosure thing - we are due for EOY and then 2 major financial reports -
this would have been neither hear nor there if it was 9.30 or 11.30 -- today or tomorrow or indeed - not at all.
I don't like the gap business at all - but, lets face facts here - time and time and time again we have seen this over the years with AJX (and other stocks) -
like it or lump it -- people believe gaps will fill - and then it is self fulfilling.
If you can control your announcements so there is no gap on the DAILY - then, you DO make a difference.
gaps on smaller timeframes are of no or little consequence - but, the daily is very different.
that's just the way it is.
have a good arvo all
Pinto
AJX
alexium international group limited
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.10M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $202 | 28.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1521071 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1521071 | 0.007 |
4 | 710906 | 0.006 |
4 | 1449000 | 0.005 |
2 | 570000 | 0.004 |
1 | 700000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1250000 | 1 |
0.009 | 2560713 | 5 |
0.010 | 285705 | 2 |
0.011 | 1810000 | 4 |
0.012 | 116000 | 1 |
Last trade - 09.59am 02/07/2025 (20 minute delay) ? |
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