re: jeruk oil discovery Churn??
Your definition of churn is different to mine.
CUE has been rising 0.3 to 0.5 cent a day for the last 3 or 5 days. Volume high, but not daytrader stuff. Chgurn to me is high volume but no price movement. One look at the CUE chart will tell that is not the case.
Looks like a good solid rise to me. Price up on above average volume. A rising price means there is not enough sellers for the buyers, and the buyers are willing to pay more to get some.
For a stock that has been friendless for many years it looks like the buying momentum for CUE is finally having its day in the sun.
I guess I dont agree with you on this one Graham. And I dont own the stock either...
acturtle
new highs, page-19
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.82M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $5.131K | 46.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 244672 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 727212 | 16 |
View Market Depth
| Last trade - 12.51pm 11/07/2024 (20 minute delay) ? |
| CUE (ASX) Chart |