Rivkinsjockstrap...
The market already knows the fundamental postion of CAZ...therefore, today's massive rise was either technically driven, or rumour driven?
If technical, the short term risk/reward ratio turns for me around $1.12.
In short, I see diminished returns above this figure (short-term) for several reasons, but especially given the magnitude of it's current rate of appreciation...therefore, I do not intend to pay more than this near term. I may not necessarily sell here either.
As for the rumour argument...the fact we have not heard anything yet does not rule out the possiblilty that today was in fact rumour driven, or perhaps even the result of a newsletter, or some other form of coverage?
Anyway, it's good news.
Cheers!
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $6.458M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $688 | 49.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 386252 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 530287 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 386252 | 0.014 |
4 | 2436129 | 0.013 |
5 | 1000345 | 0.012 |
1 | 700000 | 0.011 |
2 | 600000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 530287 | 4 |
0.017 | 54000 | 1 |
0.018 | 625000 | 1 |
0.019 | 671540 | 2 |
0.020 | 46000 | 1 |
Last trade - 11.57am 16/10/2024 (20 minute delay) ? |
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