This is great reading.
This thread shows there is a fundamental issue with uneducated investors shooting from the hip and investing. They are impatient and happy to spend all day telling people their views on social media.
Facts:
$100k has been traded today
There is $312k of support at 0.022
Only $91k of buyers will send the price to 0.025
The average value per trade is $1.6k
Nothing has changed with the company since Friday with the exception that they are further progressed and the oil price is up.
Chart all you want but the reason the price is moving is the army of uneducated retail trading their $2k parcels pretending to be traders.
Chart, page-1640
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 (20min delay)
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Last
1.0¢ |
Change
-0.001(5.00%) |
Mkt cap ! $45.34M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $248.7K | 27.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 22920427 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 14892506 | 9 |
View Market Depth
| Last trade - 15.07pm 27/09/2024 (20 minute delay) ? |
| BRK (ASX) Chart |