''I also believe there’s a bit of capping going on in anticipation of results''
Have you actually thought about what you are saying or are you just repeating something you see on Hotcopper?
I see this all the time and it is completely devoid of any common sense or logic
What you are saying in effect is that people are selling their shares at these levels ( after all you need to sell at the market to cap a share price rise) in anticipation of good results which will see the share price go higher
Why on earth would you do this?
May Chart, page-17
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.0¢ | $90.72K | 2.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1456582 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1279469 | 5 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |