just means there are less buyers for the stock at this point in time
its natiral and only means the stock went from deep frying to sizzling in terms of volume. it is still "hot".
theres going to ne a natural pull back. but if you look at todays trading the stock did pull back after the speeding ticket considerably in a very quick time. it then bounced back to almost pre ticket to then cool off to high 60c to finally finished a tad higher on 70c.
its just big money testing the stock and seeing weak hands who want to sell.
if there was no speeding ticket today we would have cracked 90 cents plus.
this is all normal market reactions.
the real play is seeing the share peice at $11.43 in 18 months time.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $689 | 172.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 648707 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 6955914 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 648707 | 0.004 |
41 | 19412839 | 0.003 |
10 | 14955000 | 0.002 |
8 | 21649999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 6955914 | 15 |
0.006 | 3048638 | 8 |
0.007 | 1853165 | 6 |
0.008 | 1685714 | 4 |
0.009 | 1100000 | 2 |
Last trade - 14.57pm 12/09/2024 (20 minute delay) ? |
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OVT (ASX) Chart |