Index inclusion. This explains a lot price has been forced down as all the index funds now have to buy this stock. That is hard to do in such a thinly traded illiquid stock without forcing up price. Best to first force down. Wouldn't be suprised to see this break through the 35 and scare out retail and technical traders. Then fundies will start building there positions. If we could just get a positive announcement first they would have to chase it up in a panic.
Just what we needed
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Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $18.42M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $88.31K | 7.740M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2074837 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1595413 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EXT (ASX) Chart |