How much juice is left for the Day Traders.
If the Day Traders move on from this stock I'd be using the closing Low(.006) and the recent closing High(.055) to determine where the share price may move to.
imo A price range of .022-.028. is value.
In the immediate .043 is resistance....
The Placement(25m) to Clients of the broker Collison,you would hope, has been cashed in. (I'd say they were clued up when the "offer" was made)imo
If so along with the Day Traders, The moneys been made and counted. imo
Theres not much left.!
.....................
What is needed is some material announcements that are going to stick.
All I can see atm is an announcement in around two weeks to acknowledge the 5m. That will excite some and cause a small ripple with the share price.
Good Luck All
Sm
friday wobbles, page-18
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Last
60.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 58.5¢ | $72.59K | 121.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 29746 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SDV (ASX) Chart |