DXN 5.48% 7.7¢ dxn limited

DCF valuation $0.08, page-130

  1. 716 Posts.
    lightbulb Created with Sketch. 139
    wow what a day... highest volume day for this stock ever recorded with 198.5m traded.. circa 20% of the register!

    VWAP for the day is 2.2044 - presumably a LOT of new holders here.

    i find it interesting this isnt getting a lot attention on HC, maybe because there's a lot of stocks flying atm (I prefer it this way, sometimes an influx of posts or sh*tty posters can be a sign to sell).

    Again, we closed 1 pip down due to someone making sure with a 1 unit sell (yesterday 1.9 to 1.8 in auction, today 2.3 to 2.2). I don't mind this as it doesn't stretch the RSI and we are outside of the bollinger band on the daily anyway:

    Per below, some daily sideways movement wouldn't hurt, however given the surge in afternoon volume, doubt the increases are over just yet.

    Especially when I saw someone gobbling up millions of unit when there was a drop off post ASX query. I expected the gap at 1.8/1.9 to close after the query given there wasn't anything sensitive and the selling rush began (which I wouldn't have minded.. no one likes gaps beneath them) but then "someone" swiftly gobbled up millions of units at 2.1 and 2.2c in the last hour of trading... interesting to say the least!

    Daily:
    https://hotcopper.com.au/data/attachments/2201/2201345-d9143398525340f96dc96c19b5502883.jpg

    Hourly:

    *love that fully engulfing green candle in the 3-4pm hourly candle**

    https://hotcopper.com.au/data/attachments/2201/2201350-6d42ec97634303cf54dc82abca510190.jpg


 
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Last
7.7¢
Change
0.004(5.48%)
Mkt cap ! $14.39M
Open High Low Value Volume
7.4¢ 7.7¢ 7.4¢ $24.82K 329.3K

Buyers (Bids)

No. Vol. Price($)
2 52290 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 172047 1
View Market Depth
Last trade - 15.54pm 23/08/2024 (20 minute delay) ?
DXN (ASX) Chart
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