The constant selling into any buying strength is similar to when the first lot of 20 cent shares with free options were placed.
Not long after that placement the share price sunk to 17 cents and every time large buyers came in,the placement buyers would sell between 17 cents and 20 cents.
These sellers appear to be the same placement participants that are now selling there exercised options along with some other overweight holders.
Well considering these sellers dumped to early last time at around 17 cents they very well may be dumping them to early again.
A few more weeks at the most to soak up this deadwood and the uptrend should continue.
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.18M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.1¢ | $4.94K | 120.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 138576 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.040 |
4 | 497871 | 0.039 |
1 | 60000 | 0.037 |
2 | 123111 | 0.036 |
3 | 381414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 138576 | 3 |
0.044 | 112000 | 1 |
0.045 | 38400 | 2 |
0.046 | 181600 | 2 |
0.047 | 124900 | 2 |
Last trade - 11.21am 11/10/2024 (20 minute delay) ? |
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LOM (ASX) Chart |