Check out the amount of buyers there is heaps and they are in a holding pattern waiting for the catalyst to move and that will happen for them and they wont mind paying a premium.
The sell side is very thin and that larger order at 50c could very well be a prop to assist in a shakeout but dont get me wrong once news is out this will get smashed fast.
feed the beast some meat, page-8
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 (20min delay)
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Last
10.8¢ |
Change
-0.003(2.27%) |
Mkt cap ! $49.94M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.8¢ | $19.08K | 173.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 156671 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 75278 | 2 |
View Market Depth
| Last trade - 12.40pm 11/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |