The selling pressure just seems to be accumulators trying to shake out the weak holders. Hence the reason the volumes are so pathetic. It looks like once the accumulators realize that they have taken enough in the 45-47 range, i think it will run up between the 49-52 range and the process will start again. still researching more on this whole thing. but if it is to be wrapped up within a month of the quarterly, then the 23rd of this month should be a date to look for. time will tell
accumulation and waiting game, page-22
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Last
24.0¢ |
Change
0.015(6.67%) |
Mkt cap ! $70.00M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 24.5¢ | 22.5¢ | $15.37K | 65.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36776 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 3501 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |