I don't usually concer myself with SP, but given the situation, i like to expand on my sentiment. I believe (for myself) the SP will return to at least 0.37 in the week or two. But underestandably there will be some profit making sells today, but fortunately the total volume of about 50mil (sold/bought) yesterday, means that is the maximum floating today for profit making. I would assume a fair chunk of yesterday's volume was bought by those (e.g. myself, bought a couple of 100,000s) who are not selling for quick proft.
NO FINANCIAL ADVICE IN THIS POST ... just sharing my view.
Overnight Market report, page-2772
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 121215 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 2864 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |