All I see is a few holders selling due to lack of experience on analysing or dealing with these type of announcements.
What I also see is plenty of times today that sells are constantly put on at 8.4c and the buyers taking them out. without fear. Normally these constant sells force more sellers to sell even lower but I am not seeing that at all.
Anyway I realise some posters today are trying to put some fear in the punters with the old "director is selling" routine, but the market isn't letting you guys dictate a major price drop because it is the market makers who are buying up. They know the fundamentals are too strong.
Ann: Cuba, Block 9 PSC Appraisal Well Program Update & App 3Y, page-114
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $83.23K | 3.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 310691 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3542587 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |