HirotiaTAFA.
Eventually we will see higher prices.
The demand is 111m at 0.2 and supply is 43m at 0.3
Volumes traded, 1.33m today, 0 yesterday, 908k Tuesday and 2.7m Monday fall well short to fill demand.
To meet demand two things need to occur. Either sellers lower price or buyers increase price to create what's called price equilibrium.
If a buyer wants stock they have to pay 0.3 based on the present demand / supply position.
From the horses mouth :), page-17
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Last
0.4¢ |
Change
-0.002(33.3%) |
Mkt cap ! $2.462M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.4¢ | $23.69K | 5.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 6440761 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3974166 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| CZN (ASX) Chart |