You're right, more volume would is usually better. But the biggest thing is that the selling (dumping) has stopped.
Today looks to me more like a lack of buyers than an abundance of sellers which I think is a good thing.
Ultimately IMO this stock will at some point have to go up on lighter volume as the stock gets more tightly held. Think of it gapping up and you get what I mean.
tommorrow, page-50
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $85.01M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $103.7K | 1.237M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 204084 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 280000 | 3 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| PER (ASX) Chart |