Today’s Decline could be because of Trades. They have to get out no matter what the price is. They must be burned as two days before share proce was around 32 to 35 range.
These Trades usually don’t have their own money and have only Maximum 2 days to settle the account and thats why we seen drop in Volume.
I don’t think any Long term Holder is out as they can see plenty coming their way soon.
Anyway Lets wait for next Announcement and share price should play around these levels until we see that.
$100 million MC on its way, page-833
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 (20min delay)
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Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $32.82M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $119.5K | 1.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 122475 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 211875 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LRV (ASX) Chart |