Pull up a 5 year chart and you'll see why it's riddled with sellers, so many baggies have been stuck here for years so any rise is a chance to get out at a reduced loss(why they didn't sell their loss quickly years ago while it was small is the reason why most people in the markets lose money over time).
Does anyone really believe this company will ever be profitable? The odds are well and truly stacked against it ... we'll see if it begins to calm down on the trading and volume dries up over the next few weeks, there may still be a hype trade in it but these sellers need to get out first
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 (20min delay)
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $18.03M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.6¢ | $180.0K | 26.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 15298813 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7218099 | 19 |
View Market Depth
| Last trade - 12.38pm 30/06/2025 (20 minute delay) ? |
| OVT (ASX) Chart |