It was due for an increase. It was really oversold. Just imagine a short term trader jumping in yesterday afternoon with say $30k could have sold today for an easy $6,700. Not bad for a days work.
It'll be interesting to see if the trade continues into tomorrow or whether it gets sold back down to 16c. IOU posted the biggest percentage increase in the sector however it has been hammered for the last week/10 months
Share price only back to 18.5c so not exactly shooting the lights out.
$1 Club, page-26675
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 (20min delay)
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $4.960M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $5.454K | 1.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 14509826 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3355014 | 10 |
View Market Depth
| Last trade - 13.50pm 06/08/2024 (20 minute delay) ? |
| OVT (ASX) Chart |