IIQ 2.65% 58.0¢ inoviq ltd

Chart Thread, page-810

  1. 5,726 Posts.
    lightbulb Created with Sketch. 3318
    I was about to write that the selling-off makes no sense to me at all.
    But, one should never value the future prospects of a stock purely on very short term trading...
    • People want to take profits.
    • People think they can sell out at a high and buy back in lower to leverage-up their holdings
    • Manipulators doing their thing.

    On these amazingly low volumes - price can swing wildly.

    Thing that is most surprising is the low retail interest in BD1 as evidenced by the small number in the buy queue.
    Tech stocks can sometimes be difficult for the average punter to understand.

    And, with a big announcement just around the corner - it's even harder to understand.

    Mum and Dad investors playing the spec end might be put off by the price - there is something psychologically counter intuitive with only being able to buy a handful of shares when you can find something at 2 cents where you can buy hundreds of thousands of shares.

    Have a look at CHK - going nuts. But, minerals are easier to understand.

    IMO
 
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Last
58.0¢
Change
0.015(2.65%)
Mkt cap ! $63.96M
Open High Low Value Volume
56.5¢ 58.0¢ 56.0¢ $38.51K 68.38K

Buyers (Bids)

No. Vol. Price($)
1 2293 56.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.0¢ 13111 1
View Market Depth
Last trade - 15.48pm 12/07/2024 (20 minute delay) ?
IIQ (ASX) Chart
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