BUY 0.00% 0.4¢ bounty oil & gas nl

bounty oil & gas , page-16

  1. TDS
    725 Posts.
    I can tell you right now the increase in price is just daytraders taking advantage of a suppressed stock. Nothing more. (Or a slight chance of a director buying in which could've sparked the frenzy... woah! hold on to your hats! lol)
    There's definitely nothing about to happen though as the company would/should have replied to their speeding fine in a different manner.

    I as many I'm sure here have seen shares do this many times before, traders come in and slowly buy up over a few weeks or months at the share's lowest price (minimizing risk) then push it up quickly to then take advantage of profits by slowly selling back down. Although I agree the share price is deflated way below what it's worth, don't hold your breath on anything significant coming out of yesterday's trading.

    A classic play and I'll expect the price to slowly fall back to where it was over the next few weeks, the volume today speaks for itself.
 
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Change
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Mkt cap ! $5.994M
Open High Low Value Volume
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Buyers (Bids)

No. Vol. Price($)
1 1799999 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 5205399 8
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Last trade - 16.12pm 24/07/2024 (20 minute delay) ?
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