I may be wrong but isn’t today’s volume nothing all that special?
Always fun going off day to day events but it makes me believe even more in what many of us know- there isn’t going to be all that many shares for sale under $1.50-$2 anymore & so when people want to buy anything anywhere near meaningful amounts of stock they have to pay up.
Up as in they have to chase the price as it goes up while trying to grab an amount of say 50-100,000 shares.
If any institution or otherwise tries to buy a seat in the room of 95 or 20 etc it will really set the price moving higher.
Cheers to all the chart people*
ARL chart, page-618
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $86.86M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.5¢ | 43.5¢ | $7.029K | 15.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 15000 | 1 |
View Market Depth
| Last trade - 14.25pm 03/09/2024 (20 minute delay) ? |
| ARL (ASX) Chart |