Hahahaa. No idea. I was hoping someone with charting knowledge far superior to mine, would reply with the answer.
Hopefully both.
My novice analysis:
Smart move by the co. to stack the bodies, rather than lay them side by side. Efficient space utilisation and ensures that support is bumped up some pips after each body as the chart shows.
If each dead body is shorter than the last, support will rise at an exponential rate. BOOM!
Good times ahead if true.
ZLD Chart, page-266
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Last
$1.00 |
Change
-0.050(4.76%) |
Mkt cap ! $11.34M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.08 | $1.00 | $45.36K | 42.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1736 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 1100 | 1 |
View Market Depth
| Last trade - 12.57pm 17/07/2024 (20 minute delay) ? |
| ZLD (ASX) Chart |