Most buying of IAMOA occurred at 1.6c yesterday. This represents an IAM price of 2.4c. IAMOA did close weaker but on low volume. Heavy work done at IAMOA 1.6c too me indicated some confidence.
Yesterday's price action was disappointing after Tuesday's price action seemed to be capitulating. I know a few traders who were bottom picking on Tuesday and got stopped out yesterday. Some big dummy sells were appearing and then were pulled shortly after. So there is without question some attempts to force ppl to sell low. Although everyone has a different risk profile so I can't blame ppl for selling. Just usually not the best outcome selling in panic. Time will tell.
Ann: Appendix 4C - quarterly, page-420
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 (20min delay)
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1025000 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 541902 | 3 |
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| Last trade - 16.12pm 07/11/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |
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