At what point in time do those holders of large positions begin to add to their holdings at these crazy prices.
Anag is right in the sense that volumes are way down, and that none of the big players in the stock are dumping, but they aren't adding.
Psychologically it's easier to travel from 14 cents to 18 cents, than 12 cents to 18 cents, even if the result of new news compels a new market norm valuation of 18 cents. In other words if we need to rise from 12, we might not hit 18, instead we might hit 16.5/17 - of course this is an example of psychology and nothing else.
Crazy SP and subsequent valuation on pathetic volume.....
I'm looking forward to a "Grey day", when we get Substantial Shareholders notice allan grey/orbis saying they have increased.
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- i'm looking forward to a "grey day"
i'm looking forward to a "grey day"
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $7.923M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.25K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
56 | 95538418 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 59996960 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 95438418 | 0.002 |
18 | 77595009 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 75939351 | 20 |
0.004 | 17087707 | 16 |
0.005 | 22033532 | 10 |
0.006 | 19255067 | 9 |
0.007 | 5722471 | 6 |
Last trade - 10.06am 02/09/2024 (20 minute delay) ? |
AVE (ASX) Chart |