Huh? This doesn't make sense?The placement selling is done. We've done the volume twice over since they were issued. It has already started moving back up.I don't disagree with all your points Turtle, but I do disagree that someone tried to 'destroy' the share price back to 9c. That was a very clear technical pull back to support. The SP had run from 5c to 18c, and hit oversold on the chart. It needed to pull back. Very standard price action on low volume. That was the clear moment to buy or top up. Price action on this stock is actually very text book IMO
$1 Club, page-387
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Last
1.2¢ |
Change
-0.003(20.0%) |
Mkt cap ! $13.62M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.2¢ | $53.18K | 4.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2138637 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 518842 | 1 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| OVT (ASX) Chart |