SRL
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6.59% 42.5¢ sunrise energy metals limited

What is going on? 25% drop in 10 minutes?, page-23

  1. Fastback6666
    1,927 Posts.
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    17/04/23
    17:29
    Post #: 67317792
    Of course, we are back at the ‘far too cheap’ price.

    All I see today as that someone wanted to sell around 500k to 700k worth of shares pretty quickly and there is low buying side liquidity in SRL at present so it pushed the price way down due to not many buyers there at the days outset. 500k is not much value and not much volume in the grand scheme of things, sure more vol than normal but still not that much.

    I expect it will be back to $1.70 within a week.
    Last edited by Fastback6666: 17/04/23
    SRL Price at posting: $1.37 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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(20min delay)
Last
42.5¢ 		Change
-0.030(6.59%) 		Mkt cap ! $38.34M
Open High Low Value Volume
43.0¢ 46.0¢ 42.5¢ $12.59K 28.67K

Buyers (Bids)

No. Vol. Price($)
1 997 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 85 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SRL (ASX) Chart
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