Agree.
To explain every market movement with Regal activity is a bit too simplistic with all due respect.
The $11Mill revenue was actually in April. So we will here what the revenue was for May and June sometime in July.
The share price is moving higher in the expectation of sustained revenue at this level. If revenue continues to increase (as it has from January to April) in May and June the share price will move substantially higher.
I think in this case (revenue of $11Mill +) the share price will be above $5 in an instance.
So the market moves up due to revenue expectations and not so much because of one market participant.
Thanks
K
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.889M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $6.187K | 220.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17983 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 304864 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.028 |
3 | 165150 | 0.027 |
1 | 124012 | 0.026 |
4 | 242500 | 0.025 |
3 | 166720 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 304864 | 1 |
0.030 | 1350000 | 1 |
0.031 | 126391 | 3 |
0.034 | 88000 | 1 |
0.035 | 142000 | 3 |
Last trade - 15.50pm 23/08/2024 (20 minute delay) ? |
ZNO (ASX) Chart |
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