Surely this has to be near the end of the shakeout by now.
Low volume and 1c spread. You cant really tell me any shorters are really making any money out of this right now.
The downtrend has been broken IMO some days ago and the price has for all intents and purposes been flat.
Supply is bone dry.
FA is all good.
TA shows flatline and end of down trend for now.
SP is undervalued by far.
Just waiting for one of the big traders to decide the time is right to let it go and make some money on the upside.
Just the way I see it, not ramp or otherwise, just how it is.
shakeout
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Last
$6.02 |
Change
-0.030(0.50%) |
Mkt cap ! $5.627B | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.08 | $5.88 | $43.41M | 7.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6279 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.04 | 31762 | 5 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |