I may be wrong, however I think the we are still in the middle of game play. I suspect the strategy to allow the price to rise is to collect any shares on offer that have been placed on the market whereby holders were freaked out by the recent tumble and have arrived at what they see as a reasonable exit position. In other words trigger stop losses on the way down and collect nervous holdings on the way up. Time will tell, but we will probably go for another run south without some news in the next few days or so
CHN chart, page-1158
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.57 |
Change
-0.015(0.95%) |
Mkt cap ! $610.7M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.56 | $6.776M | 4.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10448 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 11713 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |