running out of ammo. Even if they did come on market yesterday arvo some would have sold immediately. So absolute worst case scenario this will be done today/tomorrow and move up again by week end.
look at the chart. Lunch is over and the volume has dried up. Wouldn’t surprise me to see the line wipes come back soon as punters want to top up cheap / buy back in.
as your mate from barclay said, this is the strategy and they are super bullish on the stock. For me, not worth trying to flip it for a few pips. You get too easily caught out when it turns and have to pay up higher to get back in. Best to just turn the screen off and ride it out. Come back in a couple of days.
$1 Club, page-463
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Last
3.1¢ |
Change
0.002(6.90%) |
Mkt cap ! $35.21M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.3¢ | 2.9¢ | $85.09K | 2.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2169 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 450000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
3.1¢ |
Change
0.002 ( 6.90 %) |
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| Open | High | Low | Volume | ||
| 2.9¢ | 3.1¢ | 2.9¢ | 666563 | ||
| Last updated 15.11pm 02/05/2024 ? | |||||
| OVT (ASX) Chart |