It's largely because the holders peddle the narrative that something is always around the corner and soon to be announced.
So this just keeps the uninitiated ones holding for the next big thing even when the chart says to sell.
Really after 18 months here what has really come out of anything the company announces?
$1 Club, page-28352
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $54.81M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.7¢ | $2.134M | 74.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2965212 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 3311896 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| OVT (ASX) Chart |