Well, if the highest daily volume in company's history (at least as far back as I have gone) doesn't justify a break away gap then you might as well throw out gap theory. 149M shares traded!
And there goes my trading parcel @14c. Don't think I will get it back at 13c (which was the plan). It was looking like we would end up with a red candle earlier in the day and top out at 14c like previous attempts. I thought the retail puff would run out after the Livewires article wore off but I think it triggered an awareness and validation of the intrinsic value of the company which was not as widespread as I thought. That in turn has turned the technicals here and the momentum continued in the afternoon. I'm guessing 14c will be the new support unless the price of copper does an about turn.
FY2022, page-116
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $212.8M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.3¢ | $274.9K | 1.256M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 85635 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 242065 | 7 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| AIS (ASX) Chart |