It made 36 1/2c. I take the position that those sitting at 37c will hold their ground and the smalls at 36.5 will step up tomorrow after digesting what's happened last couple of days. Wouldn't be surprised to see 36c bids step up 1/2c notch to close gap and trade 1/2 and 1/2 at 36.5 and 37c first hour or so. With good uptake at 37c I'll be expecting 'asks' to notch back 1.2c as well by that stage... Calm digestion of the last 48 hours overnight may well see further upside momentum.
I am no short term trading expert but given that I'm reading a growing appetite for equities over many other assets types and watching a level of IPO's back to 2007 levels I am happy to continue to acquire further shares on rising trends.
Looking forward to watching the developments further on this...
My opinion and thoughts alone and investing long term...
makes 36c... will it challenge on to 36.5c ?, page-16
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Last
$7.87 |
Change
0.020(0.25%) |
Mkt cap ! $7.459B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.87 | $5.216M | 656.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2242 | $7.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.88 | 2229 | 9 |
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| Last trade - 11.31am 06/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |