Hey Tickety,
Disagree bro. Tiny volume at these levels is good. It means no one wants to play. There is no meaningful supply. Only $42K today @ 4.4-4.6c
It's certainly nothing of consequence.
The bashing the register took 2 days ago however does matter - it was a veritable pummeling and has made punters gun-shy. Seller could still be lurking and that's the currently psychology at play right now. Whether it's by design or real, who knows?
Will take a little while for the register to settle and regroup. If the seller is done, I expect it will float back and forth within a tiny trading range on low volume until confidence has been restored.
Or until news.
BLG chart, page-210
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $45.97M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.4¢ | $14.27K | 589.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2135264 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 328000 | 5 |
View Market Depth
| Last trade - 15.48pm 07/11/2024 (20 minute delay) ? |
| BLG (ASX) Chart |