JM that's probably as good as an explanation as we are going to get.
However, I will add that clearly there was evidence of manipulation (with all those two digit trades) but, the factors you list above left the door open for them. It's going to take a few days for the dust to settle.
But with fundies probably 70% sold out of equities and holding cash; and waiting for how the Chinese and US get along at the summit in Argentina, we may be in a holding pattern for a while.
Hopefully, a few fundies fly in out of the blue and start line wiping to take a long term position.
Wouldn't take many to reset belief in this stock.
IMO
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Last
4.8¢ |
Change
0.014(41.2%) |
Mkt cap ! $69.88M |
Open | High | Low | Value | Volume |
3.7¢ | 5.1¢ | 3.6¢ | $2.325M | 53.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 708717 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 280000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 649043 | 0.048 |
3 | 190000 | 0.047 |
5 | 575273 | 0.046 |
5 | 156385 | 0.045 |
3 | 172040 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 895500 | 6 |
0.051 | 528549 | 5 |
0.052 | 916537 | 6 |
0.053 | 1312055 | 4 |
0.054 | 715777 | 6 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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