Trying to get a decent line of stock is like trying to find gold nuggets on the beach.
The big holders are not selling and the rest of the market knows there isn't much on offer.
The chance of selling and then buying back cheaper are looking more remote by the day. Those that sold at 9c yesterday have found that out today. Much to their displeasure.
Sometimes the hardest thing to do is just sit tight and do nothing. The desire to sell and walk away with a quick profit can be very enticing. 3.5 million were bought yesterday and not much of that stock has resurfaced. That generally is a good sign suggesting the share price is going higher.
I think those in the know are not too concerned about making small profits. They are no doubt looking at the bigger picture.
The word is it is very much undervalued.
The market right now is telling us that is probably true.
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $17.57M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.6¢ | $4.334K | 117.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 279943 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 3977 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 279943 | 0.035 |
1 | 24000 | 0.033 |
2 | 204602 | 0.028 |
1 | 80000 | 0.025 |
1 | 43521 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 3977 | 1 |
0.040 | 284369 | 2 |
0.044 | 22700 | 1 |
0.045 | 75769 | 1 |
0.049 | 39000 | 1 |
Last trade - 15.13pm 06/09/2024 (20 minute delay) ? |
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INF (ASX) Chart |