Hi Glen, been watching VHM for a while I purchased my first parcel and indeed it was the first trade of the day of 5000 at .57 cents. Of course the sp immediately began to drop LoL .
It got down to 47-48 cents not content with this I executed a couple more trades for another 10000 of course it dropped further to .435 cents agh!.
Certainly a relief to see it bounce back to 50 cents my average is .5124 cents
It appeared to me that brokers are at play here, small trades and cross trades at each leg down. I wouldn’t put my house on it and with such low volume it could just be the way it played out.
I hope to keep building my holding as funds allow, the sp seems quite low given the market cap and shares outstanding.
Recent SP Drop (Intraday), page-2
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $67.61M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 41.0¢ | $32.96K | 78.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3630 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 29 | 1 |
View Market Depth
| Last trade - 15.33pm 04/11/2024 (20 minute delay) ? |
| VHM (ASX) Chart |