the chart shows price is increasing and volume is dropping, it means one of two things...
1. the price has increased and some profit taking has happened but holders see much more potential so they have stopped selling...price will increase
2. the price has increased and some profit taking has happened but buyers can't see any more value here so they have stopped buying...price will decrease
up to you to decide which one it is. I pick option 1.
All IMO of course
Ann: $10M raising for multi-rig drilling and to extinguish debt, page-189
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.683M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $1.941K | 204.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 980870 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3353585 | 9 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LCL (ASX) Chart |