Hey Mitta. I was surprised to see the price open strongly this morning. I then couldn't watch it the rest of the day but can see now that we had the highest volume in three weeks since that peak on 12th July and yet it turned down through the day and closed low.
It looks a lot like distribution. That is, someone kicked it up this morning to generate enough interest to offload a swag of shares into.
Interested in your thoughts.
today, page-18
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |