Definitely seems like if DRO can break the 17-18c roadblock then announcements like the ones we’ve had in the last couple of weeks could really get the SP moving. I’m sure plenty on HC have seen small cap SP’s move a great deal off the back of announcements far less concrete than these.WRT the consistent high sell volume at the 17c mark, the only reason I can conclude is that there are a number of frustrated holders who bought the September ’20 high volume period (SP 20c +) looking to exit at their stop loss.
Can anyone offer a theory as to what could be gained by artificial price control? (I’m not suggesting this is occurring, just interested to hear some thoughts)
Cheers
K
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84.0¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
15 | 106975 | 83.5¢ |
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Price($) | Vol. | No. |
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84.0¢ | 106182 | 14 |
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20 | 254917 | 0.820 |
11 | 75643 | 0.815 |
13 | 162975 | 0.810 |
13 | 142733 | 0.805 |
Price($) | Vol. | No. |
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0.830 | 117085 | 23 |
0.835 | 160948 | 15 |
0.840 | 119011 | 15 |
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