marco - you'll drive yourself mental thinking you are being punished or rewarded for certain actions on the market. Who could know it would have a small rally and then drop back further? Anyway, I'd hardly call 4 ticks up a "run" or 2 ticks down a "collapse in support".
It may drop further but there certainly seems to be strong support at this level. Volume is dropping off - a good sign that selling is slowing down. Buy depth is building too. I can't see it dropping back to the cash levels of 2.6c (or whatever) that other people are mentioning - surely the company's other assets are worth something.
Remember yesterday was a Friday afternoon - and coming into a weekend of uncertainty. It held up pretty well I think.
It's just about impossible to pick the very bottom. Just chill and wait and see what happens.
I bought in at 4.4c average and won't consider selling until it is back to 6.5c. I'm not going to stress about the intra-day action.
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M |
Open | High | Low | Value | Volume |
51.5¢ | 51.5¢ | 50.5¢ | $97.33K | 190.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26752 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 109917 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 42668 | 0.500 |
2 | 29755 | 0.485 |
4 | 113930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 109917 | 4 |
0.525 | 60000 | 2 |
0.530 | 60000 | 2 |
0.535 | 115000 | 3 |
0.540 | 131187 | 5 |
Last trade - 15.45pm 02/08/2024 (20 minute delay) ? |
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