There is nothing new in this announcement as DW has already mentioned that it is a patience game now but this has created enough liquidity for day traders.
Moving higher is unlikely as traders know that there is no news for a while. At this flow rate it will take 6-7 weeks (2percent per week) for 30% fluid to come out.
Ann: Operations Update, page-14
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Change
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Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 289 | 346631721 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 573714669 | 217 |
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| 88E (ASX) Chart |