Isn't there possibly more option purchase financing via selling up to a few days before year end and, if some investors have kind bank managers providing bridging finance, these investors could wait for the new year to sell into a market with at a higher price due to lower overall selling pressure.
Why sacrifice two options by sacrificing one share when J2 might send the share price into orbit any time soon so perhaps the market price might still be restrained early in the new year as the last of the option purchase financing via share sales occurs past the "deadline", waiting for higher prices.
This may appear to be a mixed argument, but I'm suggesting the short-termer are keeping the price down before year end and the long-termer may keep the price down after year end, causing any affect of the golden cross to be delayed while the short-termers sell now, and the long-termers play the waiting game at least until early in the new year.
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Last
39.0¢ |
Change
0.010(2.63%) |
Mkt cap ! $81.63M |
Open | High | Low | Value | Volume |
37.5¢ | 39.0¢ | 37.5¢ | $49.66K | 129.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 20305 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 77938 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15305 | 0.375 |
6 | 58439 | 0.370 |
3 | 106401 | 0.365 |
7 | 80957 | 0.360 |
8 | 68054 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 25061 | 1 |
0.395 | 4579 | 1 |
0.400 | 45274 | 5 |
0.405 | 11143 | 1 |
0.410 | 119177 | 7 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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