A long time since we have seen 8 cent offers appearing on the bid for FBR I suspect by end of next week it will be testing the ten cent region selling is perpetual when a stock has consolidated for long periods it either moves quickly to the upside or downside after periods of stagnation
The downside is often a lot more brutal as panic hits and long held stop losses are triggered
Experience tells me what we are seeing is the beginnings of a prolonged sell off triggered by yesterdays ANN
Positive spin letters don't cut it in these situations only binding deals or news of a corner stone investor tipping in will stem the bleed
Yesterday people were saying they were happy with a 15 per cent fall well that's now over 20 us the other 40 per cent of past highs
Lower lows looking at the chart the expected outcome in my opinion.
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Last
3.7¢ |
Change
-0.002(3.95%) |
Mkt cap ! $178.5M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.7¢ | $259.9K | 7.023M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 3585209 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 701437 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 3534654 | 0.036 |
27 | 3817341 | 0.035 |
6 | 863328 | 0.034 |
4 | 693182 | 0.033 |
2 | 783656 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 701437 | 2 |
0.038 | 1341072 | 5 |
0.039 | 3558062 | 11 |
0.040 | 2632825 | 11 |
0.041 | 462889 | 3 |
Last trade - 15.31pm 15/11/2024 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
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